Talk about pouring salt in the wounds. CNBC has a story today that says that Bernie Madoff's view on the ponzi scheme he ran is well.... unsympathetic to the victims to say the least. You can read the story here.
It's unfortunate that Madoff, as he closes out his final years on this planet in jail, has failed to learn anything from all this.
Now, I take what he says with a grain of salt, after all, he is in prison and is going to tell his fellow prisoners what they want to hear.
But what's unfortunate is that Madoff has / had an opportunity in all this. That opportunity was to explain to the world how all this came about.
What was it like slipping down that slippery slope?
What does it say about our current economic system?
What would he have done differently if he had to do it all over again?
What is the mind set of the movers and shakers that he ran with, who seem to be such an integral part of Wall Street? What frameworks could be put in to place to moderate more ponzi schemes?
A truthful inspection of what made him who he was - from societal forces to personal failings - could have served as an essential reference for ethics courses in universities around the world.
Instead, it looks like Madoff will leave the world a bitter person who never took personal responsibility for his actions and who in his own mind is more of a victim than his actual victims.
As such, perhaps it's better that we never hear any insights from Madoff, because it would likely not be truthful insights, but rather a final con on the public, in which statements of insight would serve to do nothing more than portray him as a victim.
It's unfortunate that Madoff, as he closes out his final years on this planet in jail, has failed to learn anything from all this.
Now, I take what he says with a grain of salt, after all, he is in prison and is going to tell his fellow prisoners what they want to hear.
But what's unfortunate is that Madoff has / had an opportunity in all this. That opportunity was to explain to the world how all this came about.
What was it like slipping down that slippery slope?
What does it say about our current economic system?
What would he have done differently if he had to do it all over again?
What is the mind set of the movers and shakers that he ran with, who seem to be such an integral part of Wall Street? What frameworks could be put in to place to moderate more ponzi schemes?
A truthful inspection of what made him who he was - from societal forces to personal failings - could have served as an essential reference for ethics courses in universities around the world.
Instead, it looks like Madoff will leave the world a bitter person who never took personal responsibility for his actions and who in his own mind is more of a victim than his actual victims.
As such, perhaps it's better that we never hear any insights from Madoff, because it would likely not be truthful insights, but rather a final con on the public, in which statements of insight would serve to do nothing more than portray him as a victim.
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