February 19, 2010
More On SIPC'S And The Trustee's Bubbe Meisse.
Plus: Can The Fact That SIPC And The Trustee Have Created A Bubbe Meisse
Be Put Before Judge Lifland At This Time?
On Wednesday, February 17th, I wrote of the underlying theory invented from whole cloth by SIPC and Trustee -- on Wednesday I wrote of their bubbe meisse. Yesterday, Thursday, February 18th, I posted an analogy that made it easier, even easy, to understand their bubbe meisse. Today I would like to add to that analogy a point that somehow escaped my mind but now has been pointed out to me by a Madoff victim.