Re:How Madoff Made People Look Dumb
by gruseom on Sunday December 14, 2008 @12:47PM
(#397473)
Josh Marshall makes an interesting point:
put me down as suspicious [...] that the difference between Madoff's and the other investment implosions we've seen over recent months will turn out to be so clearly one of kind rather than degree.
It's only because Madoff made such blunt descriptions of his own scam that he's being covered as a crook. Had he done the more usual thing and insisted on obfuscation to the bitter end, the media would be putting him in the same category as all the rest. "It's all so complicated, impossible to get your head around, blah blah blah."
put me down as suspicious [...] that the difference between Madoff's and the other investment implosions we've seen over recent months will turn out to be so clearly one of kind rather than degree.
http://www.talkingpointsmemo.com/archives/248051.php
It's only because Madoff made such blunt descriptions of his own scam that he's being covered as a crook. Had he done the more usual thing and insisted on obfuscation to the bitter end, the media would be putting him in the same category as all the rest. "It's all so complicated, impossible to get your head around, blah blah blah."