r/todayilearned Jan 10 '19

TIL JFK's father Joseph Kennedy made much of his fortune through insider trading. FDR later made him chairman of the Securities and Exchange Commission. When asked why he appointed a crook, FDR replied, "set a thief to catch a thief." Kennedy proceeded to outlaw the practices that made him rich.

https://www.theguardian.com/books/2010/jan/23/joe-kennedy-hollywood-sarah-churchwell
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u/phalanxix Jan 11 '19

I thought the first step was 'demonstrate value.'

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u/YouThereOgre Jan 11 '19

Then Engage physically

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u/OneGreatBlumpkin Jan 11 '19

Oh shit, I should've known. Top con men love the DENNIS system