Part I. What Happened to Investors’ Money?

 

“America’s investors have been ripped off as massively as a bank being held up by a guy with a gun and a mask.”[1]

 
 --Arthur Levitt, former chairman of the Securities and Exchange Commission
 

“Some will rob you with a six-gun and some with a fountain pen.”

 
 --Woody Guthrie, in his ballad about outlaw Pretty Boy Floyd

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