There is an unintended irony in the US Securities and Exchange Commission's view that “the world of investing is fascinating, complex and can be very fruitful”. For, with the benefit of hindsight, we all know just how fruitful that world was for the likes of Enron, Worldcom, Arthur Andersen and others. Just how fascinating and complex the world of investing is, has been brought into the public spotlight as the complexities of the wrongdoings, and the fascination with the enormity of the betrayal of trust has been witnessed.
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