Law360, New York (October 3, 2011, 2:07 PM EDT) -- Unfortunately, reading about yet another Ponzi scheme scandal these days is like reading about the final space shuttle launch. Both are remarkable events that now, because of the frequency with which they occur, have been moved well below the day's headlines. As we are past the awe and wonder of sending a 2,000-ton vehicle to space and having it return like a glider at the local airport, it seems as though we have similarly accepted unscrupulous investment managers as being commonplace, especially in the current economic landscape. As Warren Buffet says, "It's only when the tide goes out that you learn who's been swimming naked." Well the beach is now littered with naked bodies, and nobody seems to be alarmed anymore....
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