3min chapter

Against the Rules with Michael Lewis cover image

On Background: White-Collar Crime and Punishment

Against the Rules with Michael Lewis

CHAPTER

Did He Accept That He Did Something Wrong?

Maynoff was not destined to create a massive pyramid scheme or Ponzi scheme. He made a series of mistakes and rather than pulling back from those mistakes, he " doubled down and tripled down" The more you got to know these people, the more sympathetic you were with their plight,. I'm empathetic in the basis of, this is not what they wanted to have their career. But at the same time, what they did deserve the sanction that they're getting.

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