Originally Posted by
Cully
I know, it's been damn amusing. But it's getting past that for me now. Ponzis, prime bank schemes, affinity fraud - they all rely on the idea that you can't let the regulators get involved because they will make it all come down in flames. And to the credulous, this always appears to be true. They can't understand that their statements of returns were fictional, and that it had already crashed and burned long before the govt got involved. Enumerate and his ilk perpetuating these myths means uninformed investors will be destined to repeat the cycle again and again.
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