VVextreme
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"In Goldman We Trust".
I think it's my complete lack of trust that has resulted in my opinion.
With that said, yea Goldman and the other big boy companies are some pretty smart mother frickers... They hire the best and the brightest. They are extremely creative. They know the system like the back of their hand as they are always looking for a loophole to make an extra buck.
Who could possibly know their tricks and the way they think better than one of their own? Police do this ALL of the time when they hire former criminals as consultants. Companies hire former thieves to create new theft deterant devices or test security systems. The federal government recruit former hackers, etc. They also hire former counterfeiters to help improve existing policies and catch others. If done properly and you select the right individual, there is not a more effective way to shut down unethical activity.
Even the smartest people in the world won't be as effective unless they have lived and breathed the subject matter like those they wish to regulate and control. This fact is compounded when you consider that those they wish to investigate are just as smart (if not smarter) than the investigators themselves. Madoff was a genius and had to be very politically + socially aware. Unfortunately he was unethical in his selected use of his talents. For crying out loud, the SEC was tipped off and conducted audits of him several times and STILL came up with nothing. The ONLY thing that stopped Madoff was the economy collapsing and his own confession. That's insane.