There's an article in today's New York Times- it's actually on the front page- about conterfeit art being sold over the internet. You know, original Picassos going for $295- and it was estimated that more than 90% of the art sold online is fake. And yet there is a thriving market for it. It very much parallels what's going on with companies like CC- that they can survive unscathed, and that some people either think they're so smart that they are getting the bargain of a lifetime, or really know it's fake and don't seem to care (it still looks nice on the wall).
Scams of all kinds seem to be growing in popularity. I think for some it's a business model.
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