American Greed

Tell us if you found a gem or a piece of shit, and who peddled it

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seeahill
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American Greed

Post by seeahill »

This series is morbidly fascinating. People employing all manner of fraud.

http://www.cnbc.com/id/18057119/

A doctor making millions on unneeded sinus operations. A hedge fund manager concealing his trading failures. Half the time, the fraudsters buy these garish mansions and have a garage bigger than your house full of Lamborghinis. A lot of time, they end up with a shotgun in their mouths. Or broken pitiful wrecks in some prison somewhere.

You always ask yourself: would I have fallen for that one? As one guy the sinus doc defrauded said when asked if he should have done some research.

"Yeah. Definitely. But I guess you expect professionalism from a doctor. I mean, I don't research the pilot on every flight I take."
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Fat Cat
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Re: American Greed

Post by Fat Cat »

One of the biggest mistakes people make is assuming other people are rational and make reasonable decisions.
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"That rifle on the wall of the labourer's cottage or working class flat is the symbol of democracy.
It is our job to see that it stays there." - George Orwell

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