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Bigger Than Enron - Madoff Pyramid Scheme
#2
A Ponzi scheme by any other name but one that ran into tens of billions -- and remained unscrutinized and de facto deregulated. The coolest millionaires who invested with Madoff thought he was running an "insider dealing scam" and were delighted to invest with him in what they imagined was a sure-fire "nice little earner".

Same old greed, but how many more of these scams and shenanigans are still hiding in the wings waiting to go bang in the coming months?
The shadow is a moral problem that challenges the whole ego-personality, for no one can become conscious of the shadow without considerable moral effort. To become conscious of it involves recognizing the dark aspects of the personality as present and real. This act is the essential condition for any kind of self-knowledge.
Carl Jung - Aion (1951). CW 9, Part II: P.14
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Messages In This Thread
Bigger Than Enron - Madoff Pyramid Scheme - by David Guyatt - 16-12-2008, 07:46 PM
Bigger Than Enron - Madoff Pyramid Scheme - by Mark Stapleton - 17-12-2008, 06:50 AM
Bigger Than Enron - Madoff Pyramid Scheme - by Mark Stapleton - 17-12-2008, 06:56 AM
Bigger Than Enron - Madoff Pyramid Scheme - by Mark Stapleton - 18-12-2008, 01:54 AM
Bigger Than Enron - Madoff Pyramid Scheme - by Myra Bronstein - 21-12-2008, 03:50 PM
Bigger Than Enron - Madoff Pyramid Scheme - by Mark Stapleton - 22-12-2008, 02:24 PM
Bigger Than Enron - Madoff Pyramid Scheme - by Mark Stapleton - 23-12-2008, 03:58 AM
Bigger Than Enron - Madoff Pyramid Scheme - by Mark Stapleton - 25-12-2008, 04:46 AM
Bigger Than Enron - Madoff Pyramid Scheme - by Mark Stapleton - 25-12-2008, 05:01 AM
Bigger Than Enron - Madoff Pyramid Scheme - by Mark Stapleton - 26-12-2008, 07:26 PM

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