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SCOUT· 30%1h 00m·2024-04-26·History
SCOUT· 30%1h 00m·2024-04-26·HistoryThe Fraudster's Guide to Magic Money
Cautionary Tales with Tim Harford · 9
Sam Israel had a problem. The investors in his hedge fund, Bayou Capital, were expecting spectacular returns. Sam himself had spent years proclaiming the fund's brilliant results. But in reality, Sam had been marking his own homework, publishing fraudulent accounts and using these to lure in new investors. What to do?…
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