Marc Dreier was never afraid to take risks, but going on 60 Minutes seems especially crazy.
Dreier has largely avoided the spotlight and incessant public scorn only because his $400 million scam was overshadowed by Bernie Madoff’s epic, multi-billion dollar Ponzi scheme.
Still, putting himself back in the public eye by talking about his mistakes on TV seems unnecessary. He did it anyway.
CBS: “How did you end up becoming a crook?” Kroft asked.
“I can’t remember the moment in which I decided to do something that I knew was wrong,” Dreier replied. “I had an ambition that I needed to feed. I think I fell into the trap of wanting to be more successful than I was.”
But he was successful. “I really wanted to distinguish myself. I wanted to be as important as I thought I was, deserved to be,” he told Kroft.
Ah, the old ambition excuse.
Here’s more of the interview:
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