Here's an interesting piece to the Madoff statue story I missed the first time around:

The copper statue was reported stolen from Madoff's $9.2 million mansion on Dec. 22 - about a week after the Wall Street money man was accused of scamming investors in a $50 billion Ponzi scheme.

The statue does not appear to have any damage, and police are continuing to investigate the incident.

Frick said he was not aware of the 2004 German movie The Edukators, in which anti-capitalist activists break into the homes of rich people, move furniture around and leave notes that say "the days of plenty are over."

The activists kidnap a rich businessman, have ideological discussions about money and politics, and then let him go, possibly teaching him a lesson on ethics and morality.

"Interesting," Frick said when told of the film.

I see the potential for a lot of very interesting political theater in this new era...

I like it when people use creativity to make their point, don't you?

NEW YORK, Jan 1 (Reuters) - A statue stolen last month from Wall Street financier Bernard Madoff's Florida home has been returned undamaged, and with a note attached, to a country club where the accused swindler is a member, Palm Beach police said on Thursday.

The attached note read: "Bernie the Swindler, Lesson: Return stolen property to rightful owners. Signed by The Educators," according to police.

"We don't know who that is," Sgt. Chris Proscia told Reuters. "We think it was done just to prove a point."

Via Skimble, a most interesting theory:

I have yet to see this reported anywhere, but an anonymous commenter named trademonster on an investment forum said this (notice the dates):

01-09-06 06:49 AM
I've heard that SEC is going to shut down Madoff financial and all of their hedge funds for SEC violations. Can anyone confirm this?

And this:

01-14-06 02:52 PM
I actually got some update and found out that it's Spitzer's office doing the investigation not SEC. But I don't know what the scope of the investigation is.

Suddenly Spitzer's dalliances with a hooker don't seem quite as fundmentally important to the financial health of this country.

We need people who understand the system to police it. No matter how sanctimonious or egomaniacal you may find him, Spitzer understands the financial system. If these posts are true, somebody in power was more interested in the the details of Eliot Spitzer's transactions than Bernard L. Madoff's. They were obviously more interested in killing the watchdog than in catching the billionaire burglar.

And via Corrente, something even more interesting from Michael Isikoff's Newsweek story about the FISA whistleblower:

[Under the secret and illegal "Stellar Wind" program of domestic warrantless surveillance,] NSA was also able to access, for the first time, massive volumes of personal financial records—such as credit-card transactions, wire transfers and bank withdrawals—that were being reported to the Treasury Department by financial institutions. These included millions of "suspicious-activity reports," or SARS, according to two former Treasury officials who declined to be identified talking about sensitive programs. (It was one such report that tipped FBI agents to former New York governor Eliot Spitzer's use of prostitutes.) These records were fed into NSA supercomputers for the purpose of "data mining"—looking for links or patterns that might (or might not) suggest terrorist activity.

Lambert asks an important question: How did the suspicious activity report on Spitzer's financial transaction get from the NSA to the FBI?

He also notes the convenient timing, because Spitzer at the time was looking into the monoline insurance companies - another important piece of the Wall St. crash.

Was the Bush administration using illegally obtained information to take down political enemies? Oh, I think it's a safe bet. And do you suppose they were deliberately trying to keep Spitzer from exposing extensive Wall St. fraud?

What do you think?