1.0link225563<![CDATA[L'Affaire Madoff: Villain? Or Canary in the Mine?]]>http://www.huffingtonpost.com/charles-h-green/laffaire-madoff-villain-o_b_225563.htmlIt is tempting to dwell on the horror of Bernard Madoff. (Thanks to Robert Scheer for teeing up this issue). How could he have done it? What kind of a man does that? Is 150 years in prison enough? And so on.
Tempting--but largely wrong. If we lay all the blame at the feet of one aberrant individual, then we avoid taking a hard look at broader issues of institutional trust.
Remember: Madoff was once the Chairman of NASDAQ and...