Where did we go right?
I can understand how people might not have have seen through Bernie Madoff’s scheme (though the more I hear about it the more it seems that a lot of investors didn’t due ANY due diligence in investigating the claim of using a “special system” to deliver guaranteed returns). However, you would think that there might have been a few more clues in this scam:
The Canadian impresario Garth H. Drabinsky, who served as the chief executive of the defunct Broadway production firm Livent, and his business partner Myron I. Gottlieb on Wednesday were convicted of forgery and defrauding shareholders of about 500 million Canadian dollars, or more than $400 million.
Justice Mary Lou Benotto of the Ontario Superior Court flatly rejected defense arguments made during the 11-month trial that the company’s financial manipulations and its inflated box office receipts were a complex conspiracy by Livent employees.
I would have gotten suspicious once they debuted that musical about the life of Pol Pot.