How many social and human problems did the largest Ponzi scheme in history reveal?

Alisha 2022-03-25 09:01:18

People always think that they can control things, but in the end they are controlled by things.

Everyone is greedy from birth, so how can this greed be eliminated? Is it justified to defraud money in the name of eliminating greed? Isn't Madoff also greedy?

Why Madoff could single-handedly engineer a Ponzi scheme involving more than $60 billion? Why him? Why did everyone trust him so much that he even invested 95% of his net worth? And why is no one monitoring it?

In addition to the destruction of human nature, is there social connivance?

From the crime 20 years ago to the last 150 years of imprisonment, Madoff has been protecting his family in the name of protecting his family, but as a result, he has caused more harm to his wife and children. Why didn't they think it would hurt them before committing the crime? Why do you think it's not hurt to hide it? Sometimes the selflessness you feel is selfish in the eyes of others.

Finance, a product of affluent societies. With it, life is more colorful, but I am also thinking, is this also because of the complexity of life caused by the over-evolution of our society, which brings more and more trouble and pain?

So we, no matter when, where, what kind of business we are engaged in, or what kind of people we deal with, we must not forget ourselves.

View more about The Wizard of Lies reviews

Extended Reading
  • Irma 2022-03-21 09:02:57

    Madoff pleads guilty

  • Katlyn 2022-03-19 09:01:07

    Talk about housework, who wants to watch? ?

The Wizard of Lies quotes

  • Bernie Madoff: The advisory is a fraud. There are no investments.

    Mark Madoff: What are you talking about? Of course there are invesments.

    Bernie Madoff: I've made them up.

    Mark Madoff: And our every statement?

    Bernie Madoff: I've made them up.

    Andrew Madoff: I've seen the trades.

    Bernie Madoff: They're fake. All fake. Basically, just a big Ponzi scheme.

    Ruth Madoff: What's a Ponzi scheme?

    Bernie Madoff: I took money from some people, I gave it to others and I'll never... now there's nothing left. There's supposed to be 50 Billion, there's absolutely nothing, it's all gone.

  • Mark Madoff: How could you do this?

    Bernie Madoff: I just couldn't stop it...

    Mark Madoff: Bullshit.

    Bernie Madoff: It got bigger and bigger and i just wouldn't stop it.

    Mark Madoff: Bullshit.