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Metalworking (rec.crafts.metalworking) Discuss various aspects of working with metal, such as machining, welding, metal joining, screwing, casting, hardening/tempering, blacksmithing/forging, spinning and hammer work, sheet metal work. |
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#OT# More on Madoff's 50 billion fraud
"John R. Carroll" wrote:
One of Europes big firms took one look at Madoff's books as part of a due diligence audit and pulled the plug. I've forgotten now whichit was but I believe they were French. The model they had wouldn't run using the information provided and apparently it was very obvious that some sort of shenanigans were going on. I have not seen that one but opinion journal had a piece on how Madoff worked the ethnic angle where those of ones kind tend to trust their kind. The Jew angle is in the story and I have no issue with Jews for any one that reads that into this. http://online.wsj.com/article/SB122956340954216799.html Wes |
#2
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#OT# More on Madoff's 50 billion fraud
On 2008-12-18, Wes wrote:
"John R. Carroll" wrote: One of Europes big firms took one look at Madoff's books as part of a due diligence audit and pulled the plug. I've forgotten now whichit was but I believe they were French. The model they had wouldn't run using the information provided and apparently it was very obvious that some sort of shenanigans were going on. I have not seen that one but opinion journal had a piece on how Madoff worked the ethnic angle where those of ones kind tend to trust their kind. The Jew angle is in the story and I have no issue with Jews for any one that reads that into this. http://online.wsj.com/article/SB122956340954216799.html Interestingly enough, those who were cheated by Madoff were Jews, as well, as far as any personal names that I heard so far are concerned. There is a book about Ponzi schemes, which I happened to have read this year. It is called _You Can't Cheat an Honest Man_. http://www.amazon.com/You-Cant-Cheat.../dp/1563431696 It is very interesting and instructive, and specifically it says that Ponzi schemers very often target their own ethnic group. The book is highly recommended, by the way. Many fun examples and insightful conclusions. -- Due to extreme spam originating from Google Groups, and their inattention to spammers, I and many others block all articles originating from Google Groups. If you want your postings to be seen by more readers you will need to find a different means of posting on Usenet. http://improve-usenet.org/ |
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