Madoff's "How To Sell" Business Book!!!

BNET TalkbackShare your ideas and expertise on this topic

Subscribe to this discussion via Email or RSS

•  
  1

  victorseo

  01/18/09 | Report as spam

  RE: Madoff's

  Publishing this on bnet is a classic example
  of poor taste and poor judgment of the media

•  
  2

  Geoffrey James, Sales Machine

  01/18/09 | Report as spam

  RE: Madoff's

  I'm sorry if my sense of moral outrage at Madoff's perversion of the art of sales doesn't fit within your notion of good taste.
  
  
  Unless, of course, you are:
  
  
  1. A financial counselor who didn't do due diligence on Madoff's business.
  2. A pastor who encourages believers to automatically trust other co-religionists.
  3. A government regulator who intends to work in the industry he "regulates."
  4. A judge who lets swindlers stash money through "gifts."
  5. Waldo.
  
  
  
  If any above are true, feel free to remain offended as long as you like.

•  
  3

  mariozone

  01/18/09 | Report as spam

  RE: Madoff's

  Please take this down. It is not in line with the
  professional info available on this site. In fact, you may
  alienate some of your Christian, wealthy, and Republican
  readers.

•  
  4

  Geoffrey James, Sales Machine

  01/18/09 | Report as spam

  RE: Madoff's

  Quote from mariozone: you may
  alienate some of your Christian, wealthy, and Republican readers
  
  How so? I don't see anything that's particularly offensive to any of those three groups.
  
  
  
  Look, it was stupid for money managers to take Madoff at face value. And it's a documented fact that swindlers target religious groups. The financial industry went unregulated largely because of right-wing republican "starve the beast" ideology, and it's a scandal that Madoff is out on bail while sending million dollar gifts to his family. I'm hardly the first person to point any of this out.
  
  
  
  What's more, Madoff's misuse of sales techniques is one of the reasons he was so successful, so there's a pedagogical purpose to understanding how he did it. Branding yourself, building relationships, encouraging a favorable regulatory environment, and having leverage with your clients are all perfectly sound business strategies. Madoff may have misused them, but they're valid nonetheless.

•  
  5

  RyeG

  01/19/09 | Report as spam

  RE: Madoff's

  "Publishing this on bnet is a classic example
  of poor taste" - Hardly. It's a valid criticsm and exposition of the deeper issues involved.
  
  It's also a rehashing and repackaging of earlier content, which is either smart or lazy. Or maybe both However, it is a Stat Holiday so you take what you get.
  
  "and poor judgment of the media"- Debatable. And when I say debatable I don't mean by you or myself (which would be as interesting as watching grass grow), I mean debatable by people with credentials and relevant experience relating content to context. I could have this conversation with say Rick Broadhead (google him pepeople)and we may learn something. Being overtly hostile and smug in your criticism while adding nothing of interest or insight, makes you a sum loss in the time suck of life.
  
  -Rye

•  
  6

  chrismalungu

  01/21/09 | Report as spam

  RE: Madoff's

  I was jus Upset for having wasted time reading rubbish.

•  
  7

  Geoffrey James, Sales Machine

  01/21/09 | Report as spam

  RE: Madoff's

  Quote from chrismalungu: I was jus Upset for having wasted time reading rubbish.
  
  I apologize profusely for holding you down, pulling your eyelids up, and forcing you to read it. I gotta stop doin' that. My bad.

•  
  8

  naddia

  01/21/09 | Report as spam

  RE: Madoff's

  I can't find anything wrong with publishing this. It just
  shows someone's views on sales, deplorable or not.
  
  You can take your position, that you don't like them or
  agree with them doesn't mean the material should be
  hidden. Take it for what it is, bear in mind who wrote it
  and use it as negative example if you will.