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HomeNoQuarter Radio’s Sense on Cents with Larry Doyle Interviews Head of Bernard Madoff Victims Coalition, Sunday Night at 8PM
Posted by Larry Doyle on August 15, 2009 5:04 PM |
UPDATE: The show has concluded, but you can listen to a recording in its entirety by clicking the Play button on the audio player below. Once the playback has started, you can forward or rewind to any portion of the show by clicking at any point along the play bar. My interview with Ronnie Sue Ambrosino was extremely interesting, touching upon elements of investor protection that concern us all. For your reference, I’d like to provide two important websites that my guest mentioned: Bernie Madoff Victims Coalition and an online petition to show a unified support for investors to receive fair and legal treatment by the Securities Investor Protection Corp (SIPC).
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Has our government ever failed us to the extent involved in the regulatory oversight connected to the Bernard Madoff Ponzi scheme? How could these failures have perpetuated for such an extended period? How are these failures and their impact on the victims being handled? Is insult being added to injury?
Can the victims possibly receive real justice in terms of restitution and retribution? Where did the system falter? How are the victims of this travesty being treated by the powers that be on Wall Street, Washington, and in the media?
I am thrilled to address all these issues on my weekly program, No Quarter Radio’s Sense on Cents with Larry Doyle, this Sunday evening August 16th from 8-9pm as I welcome Ronnie Sue Ambrosino, head of the Bernard Madoff Victims Coalition.
As a sneak preview, Ms. Ambrosino was interviewed by Charlie Rose on June 29th, the day Bernard Madoff was sentenced to 150 years in prison. Ms. Ambrosino appears in the video clip at the 3 minute, 5 second mark.
The issues I will address with Ms. Ambrosino run well beyond the immediate concerns of the Madoff victims. The integrity and transparency of our financial regulatory system and legal process remain very much in question.
Don’t miss this important discussion Sunday evening on NQR’s Sense on Cents with Larry Doyle.
LD
Related Sense on Cents Commentary:
Madoff Victim Makes Impassioned Plea (August 12, 2009)
SEC Complaint vs. Frank DiPascali, Jr. (August 13, 2009)
LD, you are doing wonderful work! Your work benefits all good, honest, reputable individuals! Carry on! and thank you!!
Beach,
Awesome. Thanks. Lots to do and lots of fun doing it.
LD – there is a real technical problem on the broadcasts in that you come through good, however the guests often do not.
I wonder if the guests could possibly call in on land lines versus a cell phone. In general, land lines tend to be clearer.
Fiscal….I will make sure the guest tonight and every week REALLY tries to vocalize Loud and Clear!!
What an impressive woman Ronnie Sue Ambrosino is! Hope that if I was faced with a similar situation, that I could step up and act as she is!
What a fantastic show last night, LD! Informative and inspiring! Thank you! Onward and upward!!
Beach,
Thank you for your kind words. I’m hoping you never have to know how you’d react in a similar situation-it’s certainly not an enviable place to be.
However, when you are faced with not only losing your entire life savings, but also faced with the fact that the government agencies and the entire system you were so proud to be part of has failed, you have no choice but to stand up and fight for what is right.
It truly boggles my mind that not only were we robbed by Madoff, but that the debacle continues as the agencies created to protect all American investors deny any responsibility and feel justified in breaking the law.
I don’t think any honest law abiding citizen who is experiencing what Madoff, Stanford, Petters and any other fraudulent broker-dealer did under the ‘watchful eye’ of the SEC could sit by and let it continue.
When our trade confirmations assured us we were protected by SIPC for upto $500,000, we believed it. But, now SIPC is denying coverage without any legal basis.
We’re fighting for our salvation, but we’re also fighting so that when an investor is told he is protected that he can believe it. We never want this to happen again.