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Perils of ignoring lessons of history

By Claudia Zeisberger and David Munro | China Daily | Updated: 2010-10-25 07:56

Perils of ignoring lessons of history

An artist's sketch shows Bernard Madoff, founder of Bernard L. Madoff Investment Securities LLC (left), sitting with lead attorney Ira Sorkin to his right, in the federal court during Madoff's sentencing before US District Judge Denny Chin (right) in New York on June 29, 2009. To those who listened and conducted basic due diligence, Madoff was just a "dirty white swan", according to Harry Markopolous, the author of the book No One Would Listen, rather than a "black swan". Christine Cornell / For China Daily

Perils of ignoring lessons of history

Children have a wonderful ability to shut out the world around them. Just watch as they close their eyes, cover their ears and howl their endless chant, "I'm not listening to you!"

Perils of ignoring lessons of history

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