• partial_accumen@lemmy.world
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    7 months ago

    Of course, these weren’t schemes or a rip off because it was ‘legal.’

    Now you’ve got it. One was unethical but legal (most of the housing crisis), Madoff was breaking established written law. Only Madoff was the Ponzi scheme.

      • partial_accumen@lemmy.world
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        7 months ago

        I could have done that and called into question your naive understanding of financial transactions. However, I wanted to keep from insulting you, but it looks like you’ve removed that opportunity.