Send a Tweet
Most Popular Choices
Share on Facebook 2 Share on Twitter Printer Friendly Page More Sharing
General News    H3'ed 2/18/10

More On The Bubbe Meisse of SIPC and The Trustee

By       (Page 1 of 8 pages)     (# of views)   No comments
Author 2556
Message Lawrence Velvel

February 18, 2010

More On The Bubbe Meisse of SIPC and The Trustee

by

Lawrence R. Velvel

Yesterday I posted quite a long set of comments on the hearing of February 2nd. It subsequently seemed to me that some of the most important points are in the last third or so of the essay, which discusses the basic underlying theory of SIPC and Picard and some of the major flaws in their theory. (I called the underlying theory a bubbe meisse (with hopes that my very limited understanding of Yiddish is correct).)

The reasons these matters strike me as especially important is that, when the fallaciousness of the underlying theory is exposed, the Trustee and SIPC are fundamentally left with only their claim that what they wish to do is fair (and must therefore be done regardless of what Congress intended), and what the victims desire is supposedly un fair and therefore must not be done regardless of what Congress intended.

Next Page  1  |  2  |  3  |  4  |  5  |  6  |  7  |  8

 

Rate It | View Ratings

Lawrence Velvel Social Media Pages: Facebook page url on login Profile not filled in       Twitter page url on login Profile not filled in       Linkedin page url on login Profile not filled in       Instagram page url on login Profile not filled in

Lawrence R. Velvel is a cofounder and the Dean of the Massachusetts School of Law, and is the founder of the American College of History and Legal Studies.
Go To Commenting
The views expressed herein are the sole responsibility of the author and do not necessarily reflect those of this website or its editors.
Writers Guidelines
Contact AuthorContact Author Contact EditorContact Editor Author PageView Authors' Articles
Support OpEdNews

OpEdNews depends upon can't survive without your help.

If you value this article and the work of OpEdNews, please either Donate or Purchase a premium membership.

STAY IN THE KNOW
If you've enjoyed this, sign up for our daily or weekly newsletter to get lots of great progressive content.
Daily Weekly     OpEdNews Newsletter
Name
Email
   (Opens new browser window)
 

Most Popular Articles by this Author:     (View All Most Popular Articles by this Author)

Preliminary Memorandum of the Justice Robert H. Jackson Conference on Federal Prosecutions of War Criminals

Investing With Bernie Madoff: How It Happened, What Happened, What Might Be Done (Part I)

Madoff And The Mafia: A Mere Speculation Or Almost A Sure Thing?

Irving Picard's Three Percent Commission In The Madoff Case.

Alan Dershowitz on Whether to Prosecute Executive Branch Criminals

It Appears That The Madoff Scam Was Not, Repeat Not, A Ponzi Scheme.