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Are You a Fraudster?
i would have been intimidated when he said, look, ernest and young, one of the big four accounting firms have been on all over our books. Why do you know better than them? Naively, i assumed, if ernestand young audit you and you're a fraudster, see it. So i think what these frauds do as they manipulate institutional psychology. It's not like marcus brown was a huckster who's tring to sell some american tourists abride, or something like that. He wasn't really lying to people directly. But what they manipulate is this sort of institutional psychology.