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Incentivized to Cheat

On Wednesday, Salon interviewed Jim Chanos, an early detector of Enron’s fraudulent practices, on our dysfunctional banking system.

I met Jim at the Wine County Conference on Friday. Everyone who attended had a great time. Rather than excerpt the interview, I simply suggest you read We’re Incentivized to Cheat.

Mike “Mish” Shedlock

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Mish

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