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Re:Adam Neumann and the Art of Failing Up by adrr on Saturday November 02, 2019 @09:40AM (#21427646)
Was it a scam? Adam didn't violate any laws. Investors should have done diligence and all the self dealing would have came out during an audit. Fact they didn't is what i think is the scam. If i was an lp in the fund, i would think about suing the fund for the breach of duty.
Re:Adam Neumann and the Art of Failing Up by rabidrat on Saturday November 02, 2019 @10:07AM (#21427782)
Good scams start off as legal until new laws are written detailing how exactly the scams are illegal in the future.
Re:Adam Neumann and the Art of Failing Up by SpicyLemonZest on Saturday November 02, 2019 @11:49AM (#21428305)
Maybe, but this is very different from the original examples of Madoff and Worldcom. Their scams were flagrantly illegal at the time that they did them.