Doesn’t appear anyone does any due diligence any more. Symptomatic of our times, just do what you want and if caught just pay a fine. No more hard time for anyone. If memory serves me right, Mr Greenspan, years ago, stated to the effect: “don’t worry about prosecuting fraud in the financial markets, the system will take care of it”. The only problem is that the public suffers, as the losses are palmed off on to us. The culprits are fined and free to go on to the nest scam.
Doesn’t appear anyone does any due diligence any more. Symptomatic of our times, just do what you want and if caught just pay a fine. No more hard time for anyone. If memory serves me right, Mr Greenspan, years ago, stated to the effect: “don’t worry about prosecuting fraud in the financial markets, the system will take care of it”. The only problem is that the public suffers, as the losses are palmed off on to us. The culprits are fined and free to go on to the nest scam.