Quote:
Originally Posted by Mdmtx
I didn't make it personal. You did.
|
Because clearly this....
Quote:
Originally Posted by Mdmtx
I seem to remember a small little news story about a tiny investment firm. Something like Bernie Madoff Securities. You are correct. There could never be any large scale malfeasance in the investment world. Just tiny little deals like Bernie.
|
didn't sound at all condescending.
Quote:
Originally Posted by Mdmtx
I merely pointed out that money corrupts and contrary to your assertion, no industry is safe from those hell bent on gaming the system.
|
Where did I assess that any industry was safe from fraud?
Here's part of my first post:
Quote:
Originally Posted by the 'stache
There are going to be those who engage in nefarious activity in any large group of people. It's unavoidable. Money attracts the unscrupulous.
|
Clearly, people are not going to engage in fraudulent activity if the system is foolproof, are they? That's tantamount to walking into prison, opening a cell door, and closing it behind them.
Quote:
Originally Posted by Mdmtx
Call me smartass if you want, I just pointed out facts!
|
If it's your belief that I stated, in essence, "fraud on a large scale was an impossibility in the investments industry", statement of fact to repudiate my assertion would look something like this:
"Bernie Madoff's ponzi scheme cost his investors an estimated $50 billion."
You didn't do that. So, don't try to demure now, ok?
__________________
Building these sets: T206, 1953 Bowman Color, 1975 Topps.
Great transactions with: piedmont150, Cardboard Junkie, z28jd, t206blogcom, tinkertoeverstochance, trobba, Texxxx, marcdelpercio, t206hound, zachs, tolstoi, IronHorse 2130, AndyG09, BBT206, jtschantz, lug-nut, leaflover, Abravefan11, mpemulis, btcarfagno, BlueSky, and Frankbmd.
|