If there a correlation between being made to feel special and losing one's money in investments? Maybe.
After all, those "permitted" to lose their millions or billions in Bernard Madoff's ponzi scheme often saw themselves as a type of chosen people.
Saudi Prince Walid bin Talal, who invested a bundle in Citigroup, report Landon Thomas Jr. and Eric Dash in THE NEW YORK TIMES, "has received special investor care." There were ritual pilgrimages by Citi's brass to visit with the Prince Walid in his tent. Those pilgrims included Sandy Weill, Chuck Prince III, and Robert Rubin. Now, notes Thomas and Dash, this man made to feel so special is "now suffering the public embarrassment" of seeing his investment at $1.50 a share.
Should that sense of specialness be some kind of tip-off of possible problems?
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