Written By: lprent - Date published: 1:13 pm, December 28th, 2008 - 17 comments
Reading about Madorf and the filching of USD 33 billion in a pyramid scheme from his select group of customers makes for interesting reading. It draws the attention (yet again) to the dangers of having a lack of transparency in financial markets. As the Economist says, it was “Dumb money and dull diligence“. What marks […]
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