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this guy committed fraud, he wasnt bankrupted due to an unfortunate turn of events. he readily admits to committing a hell of a lot of crimes so yes, in this case a lot of the comments directed his way are entirely deserved.

i have spent a fair bit of time with someone who was wiped out in the GFC, imo he prob lost $100m but some of the long term assets wouldve been worth well in excess of that when developed. long story short, he fell juuuust short of paying the bank back a huge amount in a short period and...