for AAII RTP Members and Guests
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PBS Special on Madoff and his Ponzi Fraud
In case you missed it, here is a link to a page where you can get a replay of this good special on how Madoff developed his huge inbroglio: http://pbs-newshour.onstreammedia.com/cgi-bin/visearch?user=pbs-newshour&template=template.html&query=madoff&keywords=madoff&category=blank&submit.x=0&submit.y=0&submit=Search Make sure you get the whole URL and that it pastes without a line break. If you have any trouble with it, just take the first part and then search down the prompts until you get to Madoff.
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Garden of Earthly Delights |
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[He] "specialises in portraying the human drama behind the economics trends; he is the Hieronymous Bosch of the financial world, and Wall Street is his Garden of Earthly Delights, teeming with strange, sometimes horrifying and occasionally wonderful characters."--- Michael Hirsh, in reviewing "Good Guys and Bad Guys...." by Joe Nocera in The New York Times Book Review, 22 June 2008, page 6.
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"...the message was concise and free of legalistic asterisks: blame is real, assignable and calculable, and the true measure of a person's character ... consists, first of all, in the strength to say, 'I did it.'" --- Walter Kirn in "The Are of Neo-Remorse" in he New York Times Nagazine, 25 January 2009, p. 9+
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A word to the wise "When you are fearful, you risk overlooking opportunities;
when you are greedy, you risk overlooking other risks."
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