Category Archives: Economy
Another LDS-related “affinity fraud” case
I’ve posted a few times before (here and here) about “affinity fraud” cases involving Latter-day Saints, that is, financial fraud cases that in part prey upon Mormons via their religion, much as Bernie Madoff’s frauds preyed heavily upon Jews and … Continue reading
Posted in Cautionary tale, Economy, LDS Society, Main
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Madoff syndrome strikes California Mormons
Comes this news from California: FOLSOM, CA – A Folsom investment firm that allegedly ran a $40 million Ponzi scheme drew largely from members of the Church of Jesus Christ of Latter-Day Saints, according to federal investigators. Equity Investment Management … Continue reading
Posted in Economy, LDS Society, Legal, Main, News
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The more things change…
I am currently re-reading Nibley’s The Ancient State, largely because of some novels I’m writing. This morning, I was just finishing up “The Hierocentric State” (published 1951) and found the following passage from the last paragraph strangely reminiscent of the … Continue reading
Posted in Current events, Economy, Main
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The self-destruction of Wall Street
[cross-posted from And Still I Persist] Michael Lewis — who wrote Liar’s Poker back in 1989 — gives a fascinating, detailed chronicle of just how Wall Street managed to cause the current financial maelstrom that’s hurting all of us these … Continue reading
Posted in Current events, Economy, Main, Preparedness
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The tragedy of Iceland
[Adapted from a post over at my other blog, And Still I Persist] I’ve had a soft spot in my heart for Iceland ever since a friend of mine, Joe Holt, served a mission there some decades back. It has … Continue reading
Posted in Current events, Economy, Main, Preparedness
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