I agree with you Bruce. What drove Bernie Madoff was greed. As for his
"investors", greed played a part there also, but there is nothing wrong with
making a profit. The fact that the promises made to these investors was so
great, that should have been their red flag. We would all be naive to believe
that there are not hundreds of Bernie Madoff's out there manipulating at one
level or another. Look at these companys that have been and are being "bailed
out" by our representatives who deemed they deserved it. What happened to
representing your constituents. I haven't spoken to one person that would have
approved these bailouts. In fact, most people I have spoken to were and are
adamantly against the bailouts.....and the bonuses just keep on coming!! Some
of these defense attorneys....blah, blah, blah, all the way to the bank!!
As for the SEC being asleep at the wheel, I think it was way more than
that and wonder how many pockets go padded to look the other way. As for tying
this to movie posters, that's where most of my investment is. I know it, I can
count on it, I have it insured and I trust most of the people involved in it.
So, that combination works for me.
Happy holidays everyone and I hope a better year coming for all.
Sue
www.hollywoodposterframes.com
Date: Fri, 26 Dec 2008 10:19:42 -0600From: [email protected]:
[MOPO] WAY OT: What drove Bernie MadoffTo: [email protected]
I looked at the cnn site just now and they have an article entitled, "What
drove Bernie Madoff".
It tells about what a brilliant man he is, and it concludes "Several people who
know Madoff say his saga reminds them of a Greek tragedy. Just like Icarus who
tried to fly too close to the sun, Bernie Madoff destroyed himself in his
unending quest for success and respect. Says Madoff's defense attorney, 'this
is a tragedy.'"
This really offends me. He was a crook who has done untold damage to tens of
thousands of people's lives (counting the many charitable groups he ruined) and
he did so in the worst possible way, by being a confidence man who won their
trust and then betraying it.
The people who were swindled have some responsibility, because they forgot the
old adage "if something seems too good to be true, it probably is", but their
doubts were overcome by their basic greed in wanting those great returns, and
in their belief that no one could be dishonest and operate on that scale.
But this crook is the lowest of the low, and deserves no sympathy and is not
"tragic" by any measure.
What do YOU think?
Bruce
P.S. If one thinks this has nothing to do with movie posters, it seems an
absolute certainty there will be one or more movies made about this fraud, and
that opens the question of what title they will choose (maybe "The Death of
Icarus"?) and who will be chosen to play the lead role!
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