Bernie Maddoff

Elements of every major securities fraud over the past century?

Let me start with an admission; following Tesla (TSLA – USA) has taken an increasingly disproportionate amount of my time over the past few months. At times, I cannot seem to look away from the unfolding train-wreck. I think this is because Tesla combines elements of every major securities fraud over the past century; along with the frenetic energy of a penny-stock promoter lurching between publicity stunts, desperate to raise enough capital to make next month’s payroll. At the same time . . .

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