Tuesday, December 16, 2008
Who Could Have Known?
Megan is befuddled by the Madoff Ponzi scheme. It's perfectly simple, my dear. Take a bunch of wealthy people who have been raised to think that they are smarter and better than most, due to their expensive educations, lucrative jobs, and inherited wealth. Ignore the actual lack of learning experienced at the expensive schools for the elite. Add some greed, vanity, snobbery, laziness, and lack of the grounding experiences that teach you to use your eyes, ears and brains. Voila, you have Ponzi victims, or the staff of the Atlantic.