22-12-2008, 10:35 AM
I have to say that Madoff was worse than simple gambling imo.
Investors piled into Madoff's fund because they thought he was running an insider trading scam. In other words they primarily invested with him on the understanding they were becoming part of a criminal enterprise.
To that extent Madoff differs little with Enron and all the other criminal scams that litter US financial history.
Investors piled into Madoff's fund because they thought he was running an insider trading scam. In other words they primarily invested with him on the understanding they were becoming part of a criminal enterprise.
To that extent Madoff differs little with Enron and all the other criminal scams that litter US financial history.
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