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#berniemadoff — Public Fediverse posts

Live and recent posts from across the Fediverse tagged #berniemadoff, aggregated by home.social.

  1. #TheGrifters came out after a (not "the) #SavingsAndLoan (manufactured) crisis and used that indirectly in its depiction of greed and the "conned".

    It's relevant in this world of #BernieMadoff, #crypto and #NFT's, #Enron, #StockMarkets, #TooBigToFail, all the other cons and con artists we know and acknowledge as such, and all those very many others that are still considered legitimate.

    As history proves, the bigger the con, the more people believe and want to get taken...

    #TheCriterionChannel

  2. History doesn't repeat but it rhymes.

    There was once a major criminal fraudster named #BernieMadoff that simultaneously ran a #marketmaker business and a #hedgefund, despite this being a conflict of interest and providing a totally unfair advantage against his competitors, enabling him to perpetrate criminal fraud for decades.

    There is another criminal fraudster today named #KenGriffin doing that same thing: simultaneously operating as a hedge fund and a market maker.

    reddit.com/r/Superstonk/commen