But he also ran a hedge fund that U.S. prosecutors said racked up $50 billion of fraudulent losses.Madoff told senior employees of his firm on Wednesday that "it's all just one big lie" and that it was "basically, a giant Ponzi scheme," with estimated investor losses of about $50 billion, according to the U.S.

I have been offered some valuable lessons here, and I will try to squeeze some gems from this “long, strange trip.â€From a spiritual point of view, a particular challenge in being a landlord is that often, I find myself upset with someone: Either because I’m being told a lie to avoid payment of rent or because someone is treating my property in a disrespectful way.

The answer lies at this website:http://www.mises.orgThis is the website of Austrian (or free market) economics.

I think the secret lies in Having your buyer use the right lender and the right lawyer.

If they say that they are either lying or confused as to where their legal obligations lie.

The potential liability is very high if you miss something during the process that later surfaces causing the investor/developer to lose money.Some of the skills you should have are a firm grasp on financial concepts and forensic accounting because sellers lie and they will cook their books too.

I'll also show you how to turn $5 into $50,000,000 in one week without ever having to get up off your couch.Most of the time, each of these "guru of the week" fellows end up in jail or bankrupt.The fact that this Kiyosaki fellow flatout lied when his book came out and then used his Amway cohorts to buy enough copies of the book that it instantly became a bestseller should throw up a red flag.

One thing you can count on in Banking.They'll lie even if the truth would save them, their Firm and all others affected by their former lies.

wow. did you guys see the stuff recently that the media were afraid to touch, about 30 states declaring sovereignty, putting into legal writing that they WILL NOT give up their right to own guns, and WILL NOT be drafted into any kind of federal military.re: really big numbers, I have heard the bigger the lie, the more likely people are to believe it, I think that is why Obama has been so successful with all his huge BS, it's unbelievable. the economy is not nearly as bad as they make it out to be on the media. there's a serious problem within the system, and right now, this system seems to be running (or bribing) Washington, and from there affecting main street.

If you start by lying to build your buyers list, where's it end?