17-12-2008, 06:50 AM
Magda Hassan Wrote:I have yet to see the difference between a ponzi scheme and 'normal' business practices in the corporate world. It's all shysters united that I can see.
But this does show how 'professional' all these funds are and how 'good' the oversight of them is. Not.
I think the difference is that Madoff has ripped off mostly rich investors, whereas the normal corporate world mostly just robs the masses.
The rich hate being robbed by one of their own. There'll be fire and brimstone fury over this, but out of the public gaze.