When Bernie Madoff went down it was learned that

Harry Markopolos had been tailing Madoff for years, since 2001.  Markopolos when asked investigate Madoff said it took him about 15 minutes to realize Madoff was a complete scam.

Markopolos brought the SEC Madoff on a silver platter.  Their response?  This is too much information to look through.  At the time Madoff had only bilked $10 Billion.  Last count it was $50 Billion.  The SEC remains unchanged, meaning no one was fired for or took responsibility.

Please realize the watch dog really isn’t watching out for you. No one cares more about your money than you.  Protect it with your life!

By: Jeff Cox

CNBC.com Staff Writer

With market confidence and investor participation still languishing since the collapse of the financial system, a panel of experts said Wednesday that Wall Street still has a distance to travel before restoring public trust.

Outside the New York Stock Exchange in lower Manhattan. Financial experts said Wall Street will need to work hard to regain investor trust.

Regulatory overhaul, greater transparency and more diversity among executives will help, but corporate leaders will have to look closely at themselves before real change can occur, according to opinions offered at The New York Forum, a two-day event that brings together some of the top financial minds in the world.

“We need to have a place on this planet where if you have a dream you can finance it,” said Thierry Breton, CEO of Atos Origin and former French finance minister.

“We need a strong Wall Street to finance our dreams.”