Part of Reality Cannot be Perceived

[Boojatta]

22. I am impressed.

My suggestion is that you investigate and do some reading in the areas of philosophy called "realism" and "nominalism", for starters

I am impressed. If I had gone to the SEC when its investigation of Madoff had barely started, and had mentioned the name "Madoff" and somebody at the SEC had immediately told me, without consulting any records, Madoff's mother's maiden name, Madoff's date of birth, and a lot of other data about Madoff, then I would have been impressed at how well they knew who he was. However, familiarity with a topic doesn't guarantee that an investigation of the topic will reach a correct conclusion.

Kotz concludes that the agency's repeated investigations and clearing of Madoff served to increase Madoff's credibility with investors who believed that if the SEC had found no wrongdoing then Madoff's business had to be clean.

From:

Watchdog: SEC Screwed Up on Madoff
By Laura Strickler
http://www.cbsnews.com/stories/2009/09/02/cbsnews_investigates/main5282205.shtml