> I do not subscribe to the 'they are basically children, we have to protect them'. He is paying you to leverage your reputation and trust networks, and you ar

> I do not subscribe to the 'they are basically children, we have to protect them'. He is paying you to leverage your reputation and trust networks, and you are extending your reputation and trust networks to him for a fee. It doesn't matter that you think you don't subscribe to belief about people you posited above, because if you don't believe in Bloomberg's message, you are effectively deceiving those in your trust network. Now, perhaps everyone in your trust network is in on your deception, but realistically the vast majority of humans, as social (vs. antisocial) beings rely on trust networks as a strong signal for forming opinions and taking actions.