Forbes published an article earlier today by writer Liz Moyer on the recent spate of massive Wall Street Ponzi scheme frauds and how they related to the marketplace. She writes: "...if history proves consistent, there will be many more shocking disclosures to come as the world readjusts to another post-bubble era. It's nothing new. Excesses during bubble times lead to mistakes, big losses and ultimately the unveiling of frauds. Nobody asks questions when things are going well; they scream for justice when things head south." Good point. We see this trend in our own business over the economic cycles.
Read the whole story here.
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