Monday 27 September 2010

The book about Madoff

Since the very beginning of the scandal, I was passionate about the "Madoff case": how it was possible to dump so many (important) people for years? What I found in this book is very simple: overexploitation of trust and of the power of networks. Not a genius, rather a very simple mind in many respects - the description of his obsession about order disclosing his ridiculous side of life - but a very abile networker. Having at its disposal an impressive pool of people keen to trust him, without reserve. Don't blame capitalism, but the human nature! As simple as that.

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