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The Monday Morning Memo

“We live in an era of fraud in America. Not just in banking, but in government, education, religion, food, even baseball… What bothers me isn’t that fraud is not nice. Or that fraud is mean. For fifteen thousand years, fraud and short-sighted thinking have never, ever worked. Not once. Eventually you get caught, things go south. When the hell did we forget all that? I thought we were better than this, I really did. And the fact that we’re not, doesn’t make me feel all ‘right and superior.’ It makes me feel sad.” – Mark Baum, The Big Short

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