steiny, I saw the interview in which he admitted it. Thats why I thought you or someone else knows. Its scary aint it. Does merrill and goldman even know? This could be the biggest ponzi scheme that could make madoff look like a choir boy. Dont worry though, the fed will just print more money. Seriously, who will refuse our debt when we hold the bomb. Ever hear of anyone inj grade school refusing to let the bully play....even if he was terrible at sports? Same thing here.