 Lawrence R. Velvel is dean of the Massachusetts School of LawPrimary Format :
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Discursive Comments On The Oral Argument In The Court of Appeals In The Madoff Case On March 3, 2011. Part 5 Next up was Helen Chaitman for rebuttal. Before detailing her argument, let me describe some events that preceded the oral argument.
This is the audio version of Dean Lawrence R. Velvel's blog, www.velvelonnationalaffairs.com
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Discursive Comments On The Oral Argument In The Court of Appeals In The Madoff Case On March 3, 2011. Part 4The final opponent to argue was Michael Conley of the SEC.
This is the audio version of Dean Lawrence R. Velvel's blog, www.velvelonnationalaffairs.com
For more information on The Massachusetts School of Law, log on to
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And to hear (and see!) the history of MSL, please visit "Against the
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Discursive Comments On The Oral Argument In The Court of Appeals In The Madoff Case On March 3, 2011. Part 3The next to argue for our opponents was the Trustee's Counsel, David Sheehan, who has made himself the bete noire of many victims by what they consider his pit bull attitudes, insults, and sometimes outlandish comments (such as that no legislator would think the FSM should be used).
This is the audio version of Dean Lawrence R. Velvel's blog, www.velvelonnationalaffairs.com
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Discursive Comments On The Oral Argument In The Court of Appeals In The Madoff Case On March 3, 2011. Part 2This Part 2 will deal with the oral argument of the first opponent to argue, the General Counsel of SIPC, Josephine Wang.
This is the audio version of Dean Lawrence R. Velvel's blog, www.velvelonnationalaffairs.com
For more information on The Massachusetts School of Law, log on to
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Discursive Comments On The Oral Argument In The Court of Appeals In The Madoff Case On March 3, 2011. Part 1BThe oral argument was, I think, the most complex one it has ever been my misfortune to have read, but I feel I now have a reasonable, if imperfect, grasp of most of it. So I shall now set forth some views.
This is the audio version of Dean Lawrence R. Velvel's blog, www.velvelonnationalaffairs.com
For more information on The Massachusetts School of Law, log on to
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Discursive Comments On The Oral Argument In The Court of Appeals In The Madoff Case On March 3, 2011-Part 1AThe oral argument was, I think, the most complex one it has ever been my misfortune to have read, but I feel I now have a reasonable, if imperfect, grasp of most of it. So I shall now set forth some views.
This is the audio version of Dean Lawrence R. Velvel's blog, www.velvelonnationalaffairs.com
For more information on The Massachusetts School of Law, log on to
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The Effect Of The Garrett Bill On IndirectsAllow me to make some points that, as far as I know, no one else has made with regard to the beneficial effect of the Garrett bill on indirects. These effects exist though the bill does not mention indirects.
This is the audio version of Dean Lawrence R. Velvel's blog, www.velvelonnationalaffairs.com
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Comments On SIPC's Answers Of January 24th To Questions Asked By Congressman GarrettA couple of people have asked for my reactions to SIPC's January 24th answers to questions posed to it by Congressman Garrett. Because SIPC's answers have now been made public, I am posting some slightly redacted comments I sent on january 28th to colleagues who are in or are working with NIAP.
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The Trustee's Complaint Against JP Morgan Chase.A few days ago, when I was just beginning to read the Trustee's complaint against JP Morgan Chase, I posted the fairly dramatic introduction to the complaint. Having now read the entire complaint, I would like to add a few comments.
This is the audio version of Dean Lawrence R. Velvel's blog, www.velvelonnationalaffairs.com
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Trustees Complaint on JP MorganI have begun to read the newly unsealed complaint filed by the Trustee against JP Morgan Chase. When finished, I may or may not write about it - I haven't decided. But I do think that all of you should be given an opportunity to read the complaint's (fairly dramatic) introduction, especially since the media seems to have missed ( as usual) some significant aspects of it. I have appended the first five pages of the complaint.
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The President Who "Makes Nice" And Lacks Judgment
Two Years ago I thought Obama was one of the smartest men, and conceivably the best speaker, ever to enter the White House. Today my main impression is that, for all his intellectual smarts, he is horribly lacking in judgment. Crassly put, he is a fool.
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The Information Provided To Congress By SIPC. Part II
I have written many times in blogs, books and elsewhere that secrecy (and associated falsity) is the most serious problem human beings face, since people are usually able to figure out what to do when they know the facts. It is no different here.
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The Information Provided To Congress By SIPC. - Part IAs you will see by reading them, SIPC's answers are filled with self justifying verbal explications -- often identical to what SIPC and the Trustee have said in briefs -- intended to put a gloss on facts it has presented. As well, the answers omit certain important information -- sometimes because the questions it received did not request it -- and make it clear that additional information is needed with respect to some of the answers SIPC gave.Listen | Listen in your iPhone | Download | View full cache |
Addendum to Post of September 21, 2010
The awful tally is 217 points scored by Syracuse and 392 scored against it.
This is the audio version of Dean Lawrence R. Velvel's blog, www.velvelonnationalaffairs.com
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The One (or Two) Dimensional Coach.<p>It took Rodriguez awhile to recruit his kind of players, now he has done so, and look at the results. Well, the results are a marvelous offense, at least so far, and I would think that success likely to continue even when Michigan starts playing Big ten teams. But the defense, oh my God, the defense. Perhapsthe best way to describe the defense is to ask, what defense?</p>
<p>This is the audio version of Dean Lawrence R. Velvel's blog,
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The One (or Two) Dimensional Coach.
<p>It took Rodriguez awhile to recruit his kind of players, now he has done so, and look at the results. Well, the results are a marvelous offense, at least so far, and I would think that success likely to continue even when Michigan starts playing Big ten teams. But the defense, oh my God, the defense. Perhapsthe best way to describe the defense is to ask, what defense?</p>
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SIPC Task Force
<p> Because of the major brouhaha raised by SIPC's announcement of a special review committee, I have decided to put my initial views in writing.</p>
<p>This is the audio version of Dean Lawrence R. Velvel's blog,
<a href="http://www.velvelonnationalaffairs.com">www.velvelonnationalaffairs.com
</a><br>
... Listen | Listen in your iPhone | Download | View full cache |
SIPC Task Force<p> Because of the major brouhaha raised by SIPC's announcement of a special review committee, I have decided to put my initial views in writing.</p>
<p>This is the audio version of Dean Lawrence R. Velvel's blog,
<a href="http://www.velvelonnationalaffairs.com">www.velvelonnationalaffairs.com
</a><br>
For more information on The Massachusetts School of Law, log on to
<a href="http://www.msl.edu">www.mslaw.edu</a>< ... Listen | Listen in your iPhone | Download | View full cache |
The Foreign And Domestic Indirects<p>The Trustee has moved for a hearing on who is a customer. In his Motion he said he had denied about 8,500 claims of people who did not have an account with Madoff in their own names (i.e., were indirects in one way or another) and that about 2,000 objections had been filed to his denials.</p>
<p>This is the audio version of Dean Lawrence R. Velvel's blog,
<a href="http://www.velvelonnationalaffairs.com">www.velvelonnationalaffairs.com
</a><b ... Listen | Listen in your iPhone | Download | View full cache |
The Foreign And Domestic Indirects
<p>The Trustee has moved for a hearing on who is a customer. In his Motion he said he had denied about 8,500 claims of people who did not have an account with Madoff in their own names (i.e., were indirects in one way or another) and that about 2,000 objections had been filed to his denials.</p>
<p>This is the audio version of Dean Lawrence R. Velvel's blog,
<a href="http://www.velv ... Listen | Listen in your iPhone | Download | View full cache |
Judge Lifland's Opinion On Net Equity<p>Having spent time assessing Judge Lifland's opinion of March 1st, I shall set forth some impressions of it. I shall not deal with the entire opinion, especially since so much of it is taken from the briefs of the Trustee and SIPC.</p>
<p>This is the audio version of Dean Lawrence R. Velvel's blog,
<a href="http://www.velvelonnationalaffairs.com">www.velvelonnationalaffairs.com
</a><br>
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Judge Lifland's Opinion On Net Equity
<p>Having spent time assessing Judge Lifland's opinion of March 1st, I shall set forth some impressions of it. I shall not deal with the entire opinion, especially since so much of it is taken from the briefs of the Trustee and SIPC.</p>
<p>This is the audio version of Dean Lawrence R. Velvel's blog,
<a href="http://www.velvelonnationalaffairs.com">www.velvelonnationalaffairs.com ... Listen | Listen in your iPhone | Download | View full cache |
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
<p> 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.</p>
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More On The Bubbe Meisse of SIPC and The Trustee<p>Though the last part of yesterday's post discussed truly crucial matters, I recognize that the post was long and complex, and therefore think it entirely possible, perhaps even likely, that even some or many of those who read it did not read the entirety of it, and therefore may never have gotten to the crucial discussion of and exposure of the flaws in the basic underlying theory of Picard and SIPC.</p>
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More On The Bubbe Meisse of SIPC and The Trustee
<p>Though the last part of yesterday's post discussed truly crucial matters, I recognize that the post was long and complex, and therefore think it entirely possible, perhaps even likely, that even some or many of those who read it did not read the entirety of it, and therefore may never have gotten to the crucial discussion of and exposure of the flaws in the basic underlying theory of Picard and SIPC.</p>
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Comments On The Hearing Of February 2nd Before Judge Lifland-February 17, 2010<p>I did not attend the hearing before Judge Lifland, but have read the transcript and obtained some impressions, a few of which I have not seen alluded to elsewhere. Let me begin with a few matters heavily involving personalia (a Frankfurterian word, if memory serves), before moving on to substance alone.</p>
<p>This is the audio version of Dean Lawrence R. Velvel's blog,
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Comments On The Hearing Of February 2nd Before Judge Lifland-February 17, 2010
<p>I did not attend the hearing before Judge Lifland, but have read the transcript and obtained some impressions, a few of which I have not seen alluded to elsewhere. Let me begin with a few matters heavily involving personalia (a Frankfurterian word, if memory serves), before moving on to substance alone.</p>
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Transcript Of An Interview With The Five Conservative Justices About The Recent Corporate Free Speech Case. - February 1, 2010<p>Your reporter recently was fortunate enough to be granted an interview by five Justices of the Supreme Court, Anthony Kennedy, John Roberts, Antonin Scalia, Clarence Thomas and Samuel Alito. The subject of the interview was the Court's recent decision granting corporations the same free speech rights as human people.</p>
<p>This is the audio version of Dean Lawrence R. Velvel's blog,
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Transcript Of An Interview With The Five Conservative Justices About The Recent Corporate Free Speech Case. - February 1, 2010
<p>Your reporter recently was fortunate enough to be granted an interview by five Justices of the Supreme Court, Anthony Kennedy, John Roberts, Antonin Scalia, Clarence Thomas and Samuel Alito. The subject of the interview was the Court's recent decision granting corporations the same free speech rights as human people.</p>
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Judge Lifland's Schedules For Oral Argument On February 2nd<p> In looking at the schedules approved by Judge Lifland for the oral argument on February 2nd, one fact sticks out like a sore thumb to a former litigator.</p>
<p>This is the audio version of Dean Lawrence R. Velvel's blog,
<a href="http://www.velvelonnationalaffairs.com">www.velvelonnationalaffairs.com
</a><br>
For more information on The Massachusetts School of Law, log on to
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Judge Lifland's Schedules For Oral Argument On February 2nd
<p> In looking at the schedules approved by Judge Lifland for the oral argument on February 2nd, one fact sticks out like a sore thumb to a former litigator.</p>
<p>This is the audio version of Dean Lawrence R. Velvel's blog,
<a href="http://www.velvelonnationalaffairs.com">www.velvelonnationalaffairs.com
</a><br>
... Listen | Listen in your iPhone | Download | View full cache |
Some Important Ideas Regarding Madoff That May Not Have Been Picked Up On Yet, And Comments On The Mid January Briefs Of ...<p>Let me start with some generalized comments on the mid January briefs of The Malefactors Three.</p>
<p>This is the audio version of Dean Lawrence R. Velvel's blog,
<a href="http://www.velvelonnationalaffairs.com">www.velvelonnationalaffairs.com
</a><br>
For more information on The Massachusetts School of Law, log on to
<a href="http://www.msl.edu">www.mslaw.edu</a><br>
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Some Important Ideas Regarding Madoff That May Not Have Been Picked Up On Yet, And Comments On The Mid January Briefs Of ...
<p>Let me start with some generalized comments on the mid January briefs of The Malefactors Three.</p>
<p>This is the audio version of Dean Lawrence R. Velvel's blog,
<a href="http://www.velvelonnationalaffairs.com">www.velvelonnationalaffairs.com
</a><br>
For more information on The Massachusetts School of ... Listen | Listen in your iPhone | Download | View full cache |
President Conducts Disquisition On New Anti-Terrorist Plans.<p>President O'Bomber sat for a lengthy third exclusive interview with this reporter recently. This time we discussed the reasons why the CIA failed to connect the dots to stop Abdulmutallab from flying on a Northwest plane to Detroit. (Abdulmutallab, of course, intended to fly to Lake Huron, not Detroit.)</p>
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President Conducts Disquisition On New Anti-Terrorist Plans.
<p>President O'Bomber sat for a lengthy third exclusive interview with this reporter recently. This time we discussed the reasons why the CIA failed to connect the dots to stop Abdulmutallab from flying on a Northwest plane to Detroit. (Abdulmutallab, of course, intended to fly to Lake Huron, not Detroit.)</p>
<p>This is the audio version of Dean Lawrence R. Velvel's blog,
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The CIA Blows It Again, This Time In Connection With The Gilbert Arenas Affair.In his second exclusive interview with this reporter, President B. Rack O'Bomber (aka Anti-Afghan Man) disclosed that the CIA had blown it again, for the 238th consecutive time (as revealed by Tim Weiner in his classic Lagacy of Ashes.
This is the audio version of Dean Lawrence R. Velvel's blog,
www.velvelonnationalaffairs.com
For more information on The Massachusetts School of Law, log on to
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The CIA Blows It Again, This Time In Connection With The Gilbert Arenas Affair.
In his second exclusive interview with this reporter, President B. Rack O'Bomber (aka Anti-Afghan Man) disclosed that the CIA had blown it again, for the 238th consecutive time (as revealed by Tim Weiner in his classic Lagacy of Ashes.
This is the audio version of Dean Lawrence R. Velvel's blog,
www.velvelonnationalaffairs.com
For more information on The Massachusetts School of Law, log on to
w ... Listen | Listen in your iPhone | Download | View full cache |
The SEC's Brief Filed Before Judge Lifland In MadoffTo most of the audience for this posting, one need not explain the history of Madoff from 1992 onward, or explain the economic experiences of the last four decades or so, for readers to grasp the background that engenders my view of the screw-the-little guy thrust of the SEC's brief.
This is the audio version of Dean Lawrence R. Velvel's blog,
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The SEC's Brief Filed Before Judge Lifland In Madoff
To most of the audience for this posting, one need not explain the history of Madoff from 1992 onward, or explain the economic experiences of the last four decades or so, for readers to grasp the background that engenders my view of the screw-the-little guy thrust of the SEC's brief.
This is the audio version of Dean Lawrence R. Velvel's blog,
www.velvelonnationalaffairs.com
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President O'Bomber Defends Acceptance Of NoBull Prize For Implementing Philosophy Of Peace Through War In Goniffstan
In a wide ranging interview, President B. Rack O'Bomber defended his refusal to reject the NoBull Peace Prize.
This is the audio version of Dean Lawrence R. Velvel's blog,
www.velvelonnationalaffairs.com
For more information on The Massachusetts School of Law, log on to
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Michigan Drops Football"In a shocking development that stunned the entire sports world today, the President of the University of Michigan, Mary Sue Coleman, announced at a press conference that the school had dropped football. Nobody will know this, however," she said, "because we shall continue to play. We are continuing to play so that we can continue to lose to Ohio State every year."
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Michigan Drops Football
"In a shocking development that stunned the entire sports world today, the President of the University of Michigan, Mary Sue Coleman, announced at a press conference that the school had dropped football. Nobody will know this, however," she said, "because we shall continue to play. We are continuing to play so that we can continue to lose to Ohio State every year."
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Let Us Now Seek Competent MenPoliticians blow off about anything and everything with almost no knowledge of what they are talking about: Good sound bites, fluent sounding (Obamaesque) speech, are the desiderata, not competent opinions.
This is the audio version of Dean Lawrence R. Velvel's blog,
www.velvelonnationalaffairs.com
For more information on The Massachusetts School of Law, log on to
www.mslaw.edu
And to hear (and see!) the history of MSL, please visit "Against the
Tide" on www.podiobooks.com or
in th ... Listen | Listen in your iPhone | Download | View full cache |
Let Us Now Seek Competent Men
Politicians blow off about anything and everything with almost no knowledge of what they are talking about: Good sound bites, fluent sounding (Obamaesque) speech, are the desiderata, not competent opinions.
This is the audio version of Dean Lawrence R. Velvel's blog,
www.velvelonnationalaffairs.com
For more information on The Massachusetts School of Law, log on to
www.mslaw.edu
... Listen | Listen in your iPhone | Download | View full cache |
The Recent Change In The Name Of Our CountryMy writing having been taken up entirely by l'affaire Madoff for almost a year, it is a pleasure to turn to a very short posting on another matter. Here it is: We now live in the United States of Goldman, Sachs.
This is the audio version of Dean Lawrence R. Velvel's blog,
www.velvelonnationalaffairs.com
For more information on The Massachusetts School of Law, log on to
www.mslaw.edu
And to hear (and see!) the history of MSL, please visit "Against the
Tide" on www.podiobooks.com or
... Listen | Listen in your iPhone | Download | View full cache |
The Recent Change In The Name Of Our Country
My writing having been taken up entirely by l'affaire Madoff for almost a year, it is a pleasure to turn to a very short posting on another matter. Here it is: We now live in the United States of Goldman, Sachs.
This is the audio version of Dean Lawrence R. Velvel's blog,
www.velvelonnationalaffairs.com
For more information on The Massachusetts School of Law, log on to
www.mslaw.edu
... Listen | Listen in your iPhone | Download | View full cache |
The Briefs Of The Trustee And SIPC On The Net Equity QuestionHaving read the opening briefs filed by the Trustee and by SIPC on the net equity question, I thought to set down a few of what I believe are my most important impressions.
This is the audio version of Dean Lawrence R. Velvel's blog,
www.velvelonnationalaffairs.com
For more information on The Massachusetts School of Law, log on to
www.mslaw.edu
And to hear (and see!) the history of MSL, please visit "Against the
Tide" on www.podiobooks.com or
in the podcast section of iTunes
Listen | Listen in your iPhone | Download | View full cache |
The Briefs Of The Trustee And SIPC On The Net Equity Question
Having read the opening briefs filed by the Trustee and by SIPC on the net equity question, I thought to set down a few of what I believe are my most important impressions.
This is the audio version of Dean Lawrence R. Velvel's blog,
www.velvelonnationalaffairs.com
For more information on The Massachusetts School of Law, log on to
www.mslaw.edu
And to hear (and see!) the history ... Listen | Listen in your iPhone | Download | View full cache |
More On Net Equity. Plus Picower.In reading what little the Trustee has said in the past to justify his cash-in/cash-out position on net equity, a couple of thoughts struck me that, as far as I can recollect, have thus far not been made by opponents. I shall set them forth here.
This is the audio version of Dean Lawrence R. Velvel's blog,
www.velvelonnationalaffairs.com
For more information on The Massachusetts School of Law, log on to
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And to hear (and see!) the history of MSL, please visit "Against the ... Listen | Listen in your iPhone | |