Bernard Madoff conned even the most sophisticated of clients, such as Fairfield Greenwich Group, through a simple tactic whenever he was asked probing questions: He refused to answer or he lied.. Source: Bloomberg  News Date: 4/03/2009 Keys: Investing, government, regulation, ethics, law Link: http://www.bloomberg.com/apps/news?pid=20601170&refer=special_report&sid=asYX4sfz1XhY Questions for discussion: What lessons did you learn about risk and… Read more »