DeZero on Nostr: The Madoff story was my information to the circus that is high finance ...

The Madoff story was my information to the circus that is high finance

quoting note1ern…p3d8

Bernie Madoff: The Ponzi maestro. A Wall Street veteran with a touch of silver in his hair, he orchestrated a $64 billion pyramid scheme. His secret sauce? A dash of complexity that would make your average investor's eyes glaze over. Because nothing says "trustworthy" like deliberate, eye-crossing intricacy, am I right?

US Treasury: Ah, the government's version of "Let's Rob Peter to Pay Paul." When you're low on cash, just borrow more! It's like a perpetual motion machine fueled by taxpayer tears.

And the pièce de résistance? Both Madoff and the Treasury relied on the "Leap of Faith" strategy. You know, where due diligence takes a backseat, and investors just blindly trust the central character. Because who needs evidence when you've got charisma?

So, there you have it: Bernie and the Treasury, two peas in a fraudulent pod. One died in prison, the other... well, we'll see. But hey, at least they both managed to turn handsome princes into ugly toads.

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