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greed 
Wed May 12, 2010 at 13:24:53 PM MDT
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My Dad used to say that greed knows no boundaries. It was one of the reasons that he loved to sue big companies, to put the screws to them for the little guy who had been hurt by corporate greed. The other thing about greed is that it is rarely fully engaged by a single person, the amount of damage that one person acting on his own pales compared to the damage that happens when greed, and illegal acts are abetted.
Which brings us to that uber-Ponzi schemer, Bernie Madoff. One of the questions that have swirled around his 50 billion dollar fraud is how could it go on so long without being detected. Well, based on the case brought by New York State Attorney General Andrew Cuomo the answer is that it was known, at least by some in the investment banking world.
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