Ron Peterson <ron[at]shell.core.com> wrote:

- quote -

Or World Com. But that's like saying people don't believe in airplanes because
one crashed, or cars because mine wouldn't start yesterday. Like cars and
airplanes, audits work far more often than not. The lack of an audit by a well
known firm should be a big red flag. -- Doug

Your heart tells you stick with winners
while the brute logic of asset balancing says
to invest with losing classes. Even now this means
buying some stocks.

On Dec 29, 4:12*am, norak <k.no...[at]gmail.com> wrote:
- quote -

I think that people don't believe in financial audits since they
didn't work with Enron.

--
Ron

On Dec 29, 2:12*am, norak <k.no...[at]gmail.com> wrote:
- quote -

Where does it say that he "make fun" of people?

I have been reading Fooled by Ponzi (and Madoff): How Bernard Madoff
Made Off with My Money by Stephen Greenspan.

See http://www.skeptic.com/eskeptic/08-12-23.html#feature

Stephen Greenspan is a professor who writes for Skeptic Magazine. I am
surprised that a person like him would make fun of people who believe
in conspiracy theories, UFOs, and so forth, calling them gullible
people, but he himself was gullible for investing in Bernard Madoff.

Do you think that at the end of the day it is all a matter of imagery?
I suspect the professor trusted Madoff because he was extremely
wealthy, because he was well respected, because he drove a nice car,
wore nice clothes, etc whereas the stereotype of the UFO watcher is
not as positive.