| History of financial fraud, from 13th century to 21th century. (french) The early signs of a company difficulties and financial fraud. (french) Financial fraud handbook. (Joseph T. Wells) You see the pattern. Why ? I don't know. I'm kind of fascinated by that. The first time I had any interest of stock market related things was for "The smartest guys in the room" (Enron scandal) long before I read anything about stock markets itself. I just recently said to someone : "I don't understand why someone would engage in a Ponzi scheme when it's mathematicaly a sure thing, in a finite world with a finite money supply, the scheme will collapse and he will get caught". He responded : "Because he hopes he will get away with it"... His response of course adds up to my curiosity, because my question states first he can't mathematicaly get away with it. There is definitively a logic of thinking I don't get. But I'm kind of dumb when it's about people. That being said both my parents had a kind of personnal take about reality and truthfulness... Differences betweens what people say or write about financial matters and financial reality tend to disappear within a relatively short period of time, as reality always catches up in that case. This explains maybe that. |