In my last blog, I urged all victims of the OptionSellers/INT FCstone Scandal to contact their members of Congress and ask for justice. In the meantime I have peppered the CFTC with freedom of information act requests. These requests have been met with a stone wall.
Also, the law firms that are representing victims are afraid to cooperate because they are afraid of losing their clients
It is no wonder that I just published my little book “The Worst Financial Scandals of the Last Twenty Years: From Madoff to the Cover up of the OptionSellers/INT FCStone Scandal . As I learned as a close observer of the Watergate Hearings (the Senator I worked for was a member of the Watergate Committee) the cover up is often worse than the crime.
My book also mentioned that I did Pro Bono work as a member of the Coalition For Futures Reform. This work resulted in the passage of the Commodity Commodity Futures Modernization Act of 2000. In this effort CFTC Chairman Gary Gensler was our leader.
I hope to be able to work on another Coalition sometime soon.
Michael R. McLeod