Hoth Posted January 5, 2023 Share Posted January 5, 2023 7 minutes ago, RUNNAWAYICEBERG said: I watched Madoff on Netflix. Everyone should. He was the scapegoat but what a huge fail all around. Unfortunately, something like this will happen again. There are likely dozens of Madoff scale frauds out there right now. A decade of low interest rates, easy money and massive speculation is a perfect incubator. If the Fed follows through with keeping rates high and forcing a recession this year, we’ll find out who’s been swimming naked. 3 Link to comment Share on other sites More sharing options...
STILL N OF PIKE Posted January 5, 2023 Share Posted January 5, 2023 31 minutes ago, Hoth said: There are likely dozens of Madoff scale frauds out there right now. A decade of low interest rates, easy money and massive speculation is a perfect incubator. If the Fed follows through with keeping rates high and forcing a recession this year, we’ll find out who’s been swimming naked. The SEC got tipped off about Madoff many themes but were incompetent or looked the other way . It’s so common for former private industry executives to “due their time “ (stint at regulator) that there is a revolving door and sort of fox guarding hen house situation in many industries that have not made it illegal for this practice . I mean , if there is a absolute focus on maximizing industry profits , it’s sort of the natural progression of things to try and neutralize any threats that stand in the way , and if laws don’t forbid it, eventually regulators are either defunded , filled with toothless former private industry executives , at least to the degree where regulation and consumer protections are weakened . 1 Link to comment Share on other sites More sharing options...
STILL N OF PIKE Posted January 5, 2023 Share Posted January 5, 2023 https://sports.yahoo.com/bills-announce-damar-hamlin-showing-remarkable-improvement-appears-to-be-neurologically-intact-160636440.html?guce_referrer=aHR0cHM6Ly93d3cuZ29vZ2xlLmNvbS8&guce_referrer_sig=AQAAAHGNtiIpcNo-Ls5odZC8oN2J_Mf4Te7kTxHu8Enxs-8LI7h95aDfl2i3YLu8WIjH5ot3X2ugPMFrM7uQt7FujaO1hncyNbwCQV4EZ0dv2Ckf-1nuDPtHWJvFaKER3WTraseWjlnSbs8X8Vf2Gcjev-pV2VqbrxLn4MkZnmRmYzKw 2 Link to comment Share on other sites More sharing options...
Cold Miser Posted January 5, 2023 Share Posted January 5, 2023 ...Old School radio broadcast, "Storm" read by William Conrad, over the air in 1956. Quote Storm is a novel written by George Rippey Stewart and published in 1941. The book became a best-seller and helped lead to the naming of tropical cyclones worldwide, even though the titular storm is extratropical. The book is divided into twelve chapters: one chapter for each day of the storm's existence. In January 1935, a cyclone develops in the Pacific Ocean near Japan, and becomes a significant storm as it moves toward California. The storm, named "Maria" by the (unnamed) Junior Meteorologist at the San Francisco Weather Bureau Office, becomes a blizzard that threatens the Sierra Nevada range with snowfall amounts of 20 feet (6.1 m). The storm's beneficial effects include averting a locust plague and ending a drought. Its harmful effects include flooding a valley near Sacramento, endangering a plane, stalling a train, and leading to the deaths of 16 people. It spawns a new cyclone, which significantly affects New York 1 Link to comment Share on other sites More sharing options...
bristolri_wx Posted January 5, 2023 Share Posted January 5, 2023 Totally confused today checking in on threads. There's a small snow storm in the forecast, and med/long range is improving as well. I thought it was gonna be 60 degrees the rest of January with anomalies so high they need to invent new colors on the model maps? /s 1 Link to comment Share on other sites More sharing options...
weatherwiz Posted January 6, 2023 Share Posted January 6, 2023 For any CT peeps who may watch WTNH this was my roommate from school and one of my best friends. Pretty awesome he had the opportunity to work on TV in the state he grew up in. https://patch.com/connecticut/across-ct/ct-meteorologist-makes-career-announcement?utm_campaign=blasts&utm_content=connecticut&utm_medium=social&utm_source=facebook.com&fbclid=IwAR3SCRMLAEVYXQjMvNxiOuATaf4fGE76_xeoKjW-CeWOQ36wNO383onMKv0&mibextid=Zxz2cZ 2 Link to comment Share on other sites More sharing options...
Baroclinic Zone Posted January 6, 2023 Share Posted January 6, 2023 Friday night. We imbide and injest. 1 Link to comment Share on other sites More sharing options...
ORH_wxman Posted January 6, 2023 Share Posted January 6, 2023 On 1/5/2023 at 9:59 AM, STILL N OF PIKE said: The SEC got tipped off about Madoff many themes but were incompetent or looked the other way . It’s so common for former private industry executives to “due their time “ (stint at regulator) that there is a revolving door and sort of fox guarding hen house situation in many industries that have not made it illegal for this practice . I mean , if there is a absolute focus on maximizing industry profits , it’s sort of the natural progression of things to try and neutralize any threats that stand in the way , and if laws don’t forbid it, eventually regulators are either defunded , filled with toothless former private industry executives , at least to the degree where regulation and consumer protections are weakened . Harry Markopolis was a hedge fund guy in Boston and he told the SEC like 5 times it was either a Ponzi scheme or front-trading and they basically ignored him even though he had all the mathematics to back it up based off of Madoff’s returns. 2 Link to comment Share on other sites More sharing options...
RUNNAWAYICEBERG Posted January 6, 2023 Share Posted January 6, 2023 1 hour ago, ORH_wxman said: Harry Markopolis was a hedge fund guy in Boston and he told the SEC like 5 times it was either a Ponzi scheme or front-trading and they basically ignored him even though he had all the mathematics to back it up based off of Madoff’s returns. Yes and what’s laughable is his own bosses wanted him to replicate the math so they can attract clients while the whole time he’s telling them it is not possible, it’s a scam. “Who cares, figure out so we can make that kind of money.” Lol 1 Link to comment Share on other sites More sharing options...
Johnno Posted January 7, 2023 Share Posted January 7, 2023 Any CT peeps watching NBC30 this morning? The meteorologist was a fill in I haven’t seen before, almost seemed like a national network guy, didn’t have any locales besides Hartford on his map and I think he was working remotely he wasn’t in the studio, probably just me but I hadn’t seen anything like before on local channels here Link to comment Share on other sites More sharing options...
Chris12WX Posted January 7, 2023 Share Posted January 7, 2023 Going to be really sad when I have to tell my Grandchildren about the days when it used to snow in SNE. Link to comment Share on other sites More sharing options...
HIPPYVALLEY Posted January 7, 2023 Share Posted January 7, 2023 1 hour ago, Chris12WX said: Going to be really sad when I have to tell my Grandchildren about the days when it used to snow in SNE. Will you also tell them how the New England football team used to be good? 5 Link to comment Share on other sites More sharing options...
ORH_wxman Posted January 7, 2023 Share Posted January 7, 2023 19 hours ago, RUNNAWAYICEBERG said: Yes and what’s laughable is his own bosses wanted him to replicate the math so they can attract clients while the whole time he’s telling them it is not possible, it’s a scam. “Who cares, figure out so we can make that kind of money.” Lol Oh yeah. It’s embarrassing how much they were solely focused on the $$. It’s hard to wrap my head around the SEC having all the evidence gift-wrapped for them but didn’t take the one final step in actually checking to see if the trades were real. Gotta hand it to Madoff on how authentic everything looked though. That’s prob why the SEC didn’t get him much sooner. They were prob thinking “ok these trade tickets are real”. The most mind-boggling aspect though is how successful Madoff was at his legitimate market-making business. You’d think that would’ve been enough success and $$. But greed knows no bounds. 1 Link to comment Share on other sites More sharing options...
HoarfrostHubb Posted January 7, 2023 Author Share Posted January 7, 2023 An interesting film from National Geographic “Fire of Love” about those two French vulcanologists who died in the 1990s. It’s on Disney+. Cool footage 1 Link to comment Share on other sites More sharing options...
RUNNAWAYICEBERG Posted January 7, 2023 Share Posted January 7, 2023 3 hours ago, ORH_wxman said: Oh yeah. It’s embarrassing how much they were solely focused on the $$. It’s hard to wrap my head around the SEC having all the evidence gift-wrapped for them but didn’t take the one final step in actually checking to see if the trades were real. Gotta hand it to Madoff on how authentic everything looked though. That’s prob why the SEC didn’t get him much sooner. They were prob thinking “ok these trade tickets are real”. The most mind-boggling aspect though is how successful Madoff was at his legitimate market-making business. You’d think that would’ve been enough success and $$. But greed knows no bounds. Yea. The fact he kept the two businesses just two floors apart and no one in the legit business really knew what was happening on the 17th floor is another mind boggling yet tip your cap to Madoff. Link to comment Share on other sites More sharing options...
Chris12WX Posted January 7, 2023 Share Posted January 7, 2023 5 hours ago, HIPPYVALLEY said: Will you also tell them how the New England football team used to be good? Absolutely 1 Link to comment Share on other sites More sharing options...
snowman21 Posted January 8, 2023 Share Posted January 8, 2023 12 hours ago, Johnno said: Any CT peeps watching NBC30 this morning? The meteorologist was a fill in I haven’t seen before, almost seemed like a national network guy, didn’t have any locales besides Hartford on his map and I think he was working remotely he wasn’t in the studio, probably just me but I hadn’t seen anything like before on local channels here Was it the Brian James dude? Saw him at New Years and he did a pretty good job for a fill in. Link to comment Share on other sites More sharing options...
TauntonBlizzard2013 Posted January 8, 2023 Share Posted January 8, 2023 Anyone see that story about the missing woman in Cohasset? I do a lot of work up in that area. Pretty crazy story. Link to comment Share on other sites More sharing options...
OceanStWx Posted January 8, 2023 Share Posted January 8, 2023 What grade do you give a winter that warms up so much your office snow stake sinks into the ground? Asking for a friend. 9 Link to comment Share on other sites More sharing options...
Johnno Posted January 8, 2023 Share Posted January 8, 2023 10 hours ago, snowman21 said: Was it the Brian James dude? Saw him at New Years and he did a pretty good job for a fill in. Yes it was Link to comment Share on other sites More sharing options...
HoarfrostHubb Posted January 8, 2023 Author Share Posted January 8, 2023 8 hours ago, TauntonBlizzard2013 said: Anyone see that story about the missing woman in Cohasset? I do a lot of work up in that area. Pretty crazy story. You know it won’t end well Link to comment Share on other sites More sharing options...
Baroclinic Zone Posted January 8, 2023 Share Posted January 8, 2023 23 minutes ago, HoarfrostHubb said: You know it won’t end well Nope, it won't I fear Link to comment Share on other sites More sharing options...
CoastalWx Posted January 8, 2023 Share Posted January 8, 2023 9 hours ago, TauntonBlizzard2013 said: Anyone see that story about the missing woman in Cohasset? I do a lot of work up in that area. Pretty crazy story. Just down the road, really weird. That’s an affluent town that has had some weird stuff go on. Link to comment Share on other sites More sharing options...
TauntonBlizzard2013 Posted January 8, 2023 Share Posted January 8, 2023 7 minutes ago, CoastalWx said: Just down the road, really weird. That’s an affluent town that has had some weird stuff go on. Yup, very strange. We do a lot of stuff up in that area so I’m pretty familiar with where they have been searching. Have seen some stuff starting to percolate about the potential of her being a Russian spy/foreign operative. Given what we have seen so far, I think this has legs. Link to comment Share on other sites More sharing options...
Ginx snewx Posted January 8, 2023 Share Posted January 8, 2023 39 minutes ago, TauntonBlizzard2013 said: Yup, very strange. We do a lot of stuff up in that area so I’m pretty familiar with where they have been searching. Have seen some stuff starting to percolate about the potential of her being a Russian spy/foreign operative. Given what we have seen so far, I think this has legs. Husband was a swindler. 1 Link to comment Share on other sites More sharing options...
CoastalWx Posted January 8, 2023 Share Posted January 8, 2023 59 minutes ago, TauntonBlizzard2013 said: Yup, very strange. We do a lot of stuff up in that area so I’m pretty familiar with where they have been searching. Have seen some stuff starting to percolate about the potential of her being a Russian spy/foreign operative. Given what we have seen so far, I think this has legs. I love that area, if I was a millionaire lol. That’s an interesting twist you mention. Could see how that’s possible. Link to comment Share on other sites More sharing options...
TauntonBlizzard2013 Posted January 8, 2023 Share Posted January 8, 2023 46 minutes ago, Ginx snewx said: Husband was a swindler. 24 minutes ago, CoastalWx said: I love that area, if I was a millionaire lol. That’s an interesting twist you mention. Could see how that’s possible. Yeah, he was a scumbag, but lots of white collar stuff. Big jump to possibly harming your spouse. Link to comment Share on other sites More sharing options...
Cold Miser Posted January 9, 2023 Share Posted January 9, 2023 ...Because winter sucks this year, but this is still awesome: Link to comment Share on other sites More sharing options...
STILL N OF PIKE Posted January 9, 2023 Share Posted January 9, 2023 On 1/7/2023 at 2:07 PM, ORH_wxman said: Gotta hand it to Madoff on how authentic everything looked though. That’s prob why the SEC didn’t get him much sooner. They were prob thinking “ok these trade tickets are real”. Hmmmm, I’m not leaning toward that as being the main reason . I do not think they are organized , set up or funded with the resources to do what it seems they are supposed to do , successfully and Wall Street likes it that way . Link to comment Share on other sites More sharing options...
KTBFFH1905 Posted January 9, 2023 Share Posted January 9, 2023 On 1/5/2023 at 9:59 AM, STILL N OF PIKE said: The SEC got tipped off about Madoff many themes but were incompetent or looked the other way . It’s so common for former private industry executives to “due their time “ (stint at regulator) that there is a revolving door and sort of fox guarding hen house situation in many industries that have not made it illegal for this practice . I mean , if there is a absolute focus on maximizing industry profits , it’s sort of the natural progression of things to try and neutralize any threats that stand in the way , and if laws don’t forbid it, eventually regulators are either defunded , filled with toothless former private industry executives , at least to the degree where regulation and consumer protections are weakened . My firm's due diligence committee looked at him several times but could never get enough data or make any sense of their strategy. We had thousands of reps asking to put Madoff on our platform and each time the DD decided on not allowing it. Days after the scheme was broken up the DD office was flooded with gifts and lots of praise and thanks from lots and lots of advisors. 2 Link to comment Share on other sites More sharing options...
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