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The shocking thing about Madoff, Enron and others. IOs the amount and quality of monitoring that was being done by the FTC or similar organisations. These people plus people like risk assessors are there to watch out for con men. Even when the flag was raised they never investigated well enough.
Never blame a thief for thieving, blame the people who should be stopping them. Then put the thief away for a very long time, Madoff got what he deserved, some got away with others money and no prosecution.
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