Saturday, December 20, 2008

Acting alone ...

As I started reading about Bernard Madoff, I told my wife that something didn't make sense here. The guy's seventy, but he would have to be a computer whiz to pull off what he did. But it seems he probably IS a computer whiz. He was an important pioneer in forcing the the big exchanges to computerize trading.

But I do not believe he acted alone. Sheesh!

Just so you know where I'm coming from: I don't believe in big conspiracy theories. If more than a few people are involved, the whole thing becomes known. But I don't believe that Lee Harvey Oswald acted alone, either.

Oh, one more thing: Someone tell the New York Times to stop using that Hang Dog Picture they keep using of Madoff. There have to be pictures that make him look as evil as he's alleged to be.

And one more thing: Keep your eye on that $50B estimate of how much money his scheme was worth. That estimate comes from the master of befuddlement himself, Bernie M. The real number might have a different number of digits.
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