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  4. Bernard Madoff
  5. You had a lot of novice investors who got into the market...

You had a lot of novice investors who got into the market looking for easy money, without any regard to the fundamentals. These stocks were running on fumes.

Bernard Madoff
Running, Money, Greed
You had a lot of novice investors who got into the market looking for easy money, without any regard to the fundamentals. These stocks were running on fumes.