FROM Henny Sender
Bernard Madoff: Wall Street's One-Man Wrecking Crew The victims are banks, hedge funds, wealthy investors and charities worldwide. Los Angeles' Jewish Journal is running a feature called " Swindler's List ." But Bernard Madoff didn't just trick investors who should have known better. The Securities and Exchange Commission admits it was warned back in 1999, when a competitor named Harry Markopolos warned that Madoff was "running the world's largest Ponzi scheme." The most recent investigation was closed just last year with no action recommended, and SEC Chairman Chris Cox is investigating 10 years of regulatory failure. What about the investors? How did his racket come to be worth $50 billion? Could the losses eventually add up to more? And why is this house of financial cards collapsing now?
Terrorism and tweets, hate speech and murder Just days before an election, Britain is coping with a rash of deadly terrorism, and Prime Minister Theresa May is on the defensive. And again today, President Trump has tweeted criticism of the Mayor of London. Later, a double murder in Portland, Oregon has revealed the ugly past of a supposedly “progressive” city. One immediate question: is “hate speech” protected by the First Amendment?
Janesville and the American Dream Janesville, Wisconsin is the hometown of Republican House Speaker Paul Ryan. But he couldn’t prevent the closing of the General Motors factory after 100 years. On this Memorial Day rebroadcast of To the Point, we hear what’s happened to what once was a model of American middle-class unity.
Who's to blame for the opioid crisis? Some of the lawyers who took on Big Tobacco are now going after Big Pharma. It’s all about the deadly epidemic of opioid use. Are the drug companies to blame? What about the users? Later, on today’s Talking Point: making sense of Britain’s upset election.