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Sino-Forest was a $5 billion dollar company that was listed on the Toronto stock exchange until recently trading was halted on the stock.

Difficult economic times always expose fraud. If the economic situation continues to deteriorates I think we'll see more Sino-Forests.

"It's only when the tide goes out that you learn who's been swimming naked." Warren Buffett

> "It's only when the tide goes out that you learn who's been swimming naked." Warren Buffett

You do realize that that doesn't make sense, right? (The tide going out doesn't change the exposure for people who are swimming.)

When the tide goes out, you do find out which boats are anchored in water that is too shallow, but that doesn't let Buffett be "naughty".