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The Golden Age Of Fraud With Edwin Dorsey

Lead-Lag Live

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The Golden Age of Fraud

The term comes from Jim Chainos, who's kind of coined the Golden Age of Fraud to describe a lot of the recent market stuff. I would say it's linked to the fact that we had a huge amount of retail participation that may have not been super sophisticated and throwing money at anything based on really little due diligence. And when you see other people cutting corners, whether you're an investor or an executive, you tend to cut corners as well.

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