The Shulman Center
Terrence Shulman
Founder/Director of
The Shulman Center
Terry Shulman

May 2010 Monthly e-Newsletter
"May Daze"
Terrence Daryl Shulman

ANNOUNCEMENTS! Happy  Mother's Day!

Check out our newly updated blog at

New websites under construction as we expand our services to include therapy for hoarding and

cluttering. See and

New word lexicon: "Moneymoon"--The time between a purchase and the regret or buyer's remorse.

Goldman Saks and The Era of Lies, Greed and Denial

As most of you have probably heard by now, the Goldman Saks investment firm has been charged by
the Securities and Exchange Commission with fraudulent practices. In essence, the charges appear to
stem from Goldman's repeated practices of selling stocks which it knew were bad and then also selling
stocks or derivatives which, in essence, made money if the former stocks failed. This, according to the
SEC (not to mention common sense and decency) was a violation of Goldman's fiduciary duty toward its
own customers if not a less "legal" but more egregious violation of its duty to the country which brought
to its knees economically by such practices.

Certainly, Goldman was not the only investment firm or individual broker who engaged in these practices. But it
appears it was the largest. What is the difference between these kind of practices and plain stealing? Not much
if anything.

And yet, during recent hearings on Capitol Hill, Lloyd Blankfein, Goldman's CEO, denied that he or his firm was
responsible for anything other than some bad business decisions. He denied Goldman owed its clients any
fiduciary duty to tell them that the stocks they purchase are "shitty" and, further, that Goldman was actually betting
against those stocks and standing to make huge profits when they failed. This is the same Lloyd Blankfein who,
back in November 2009, boldly stated he felt he was "doing God's work" as a banker.

Bernie Madoff, move over, you've met your match.

A sign of the times? How did we get here? This is more than an isolated incident. Apparently, honesty and fairness
and concern for our fellow citizens has fallen out of vogue.

It's in this larger context of terrible headlines that more and more average Americans see the deck stacked against
them and feel the playing ground is uneven at best. Stealing in all forms and across all demographics is on the rise.
The American Dream teeters on the brink as "every man for himself" takes over. Short-term gain vs. long-term
sustainability is the modern credo. You'd think Goldman (and other firms) would know their days were numbered just as Bernie Madoff had repeatedly confessed he knew. Either that, or they knew but fell under the unstoppable
compulsion that any addict knows too well: until bottom.

But are we even at the bottom? Goldman still appears to be in denial. Hopefully, we the People no longer are. Only time will tell...

The Shulman Center Comes to You!

I recently had the privilege of working with a family in California who was struggling with a myriad of issues
including compulsive shopping and spending, dishonesty, credit card fraud and identity theft. They had the
resources to fly me out from Detroit to work with them intensively over 3 days. It was an incredible experience
for all of us and I hope to have made a lasting impact in their lives.

If you or someone you know wishes to explore in-person intensive therapy on-site with you, please contact us
to discuss this.

Live Simply So Others May Simply Live?

While I was in California, I was immersed in the mecca of materialism. Amid the McMansions and fancy cars, I frequently wondered: how happy are these people? While not all the well-to-do are shopaholics anymore than all those of modest means are at peace without plenty, my gut and my research sensed "conspicuous consumption" at nearly every turn.

I appreciated my ability to find joy and sanity in simplicity and on a budget! My $100/night hotel room provided breakfast and a small outdoor pool where I was able to read and relax. I could walk less than a mile in either direction and enjoy the beauty of the mountains and the sun and sky. A Saturday Farmers Market was a treat to peruse and various restaurants offered reasonably-priced carry-outs/take-aways which I enjoyed in the evening in my hotel room in front of the TV.

I chose not to rent a car but, rather, rely on the goodness of friends to get me to and from a local support group meeting and then to the airport. There really was little I needed to buy. I could just enjoy my surroundings and my own sense of accomplishment and fulfillment.

Peace, after all, can't really be bought. Money and things may make life easier at times. Often, however, we over-complicate our lives with them.

How can you simply your life today?


Free Intimacy with Money Telephone Seminars

It is with great excitement and confidence that I share about the free "Intimacy with Money" telephone seminars conducted by my long-time friend Tom Lietaert and my more recent friend Andrew Hogan who currently work out of Boulder/Denver, Colorado. 

To learn more and to register, please go to:

Book(s) of the month:

Orange is The New Black: My Year in a Women's Prison by Piper Kerman and Stuff: Compulsive Hoarding and The Meaning of Things by Randy O'Frost and Gail Steketee.

While I've read neither of these new books, they've gotten decent reviews. I hope to read them soon.


Compulsive Theft & Spending in The News! April/May 2010:

April 1--Mr. Shulman was featured in an article about shoplifting in The Carroll Fair magazine.

April 8--Mr. Shulman was a featured presenter on men's issues in therapy and recovery at The
National Association of Social Workers Michigan Chapter Annual Conference in Dearborn, Michigan.

May 1--Mr. Shulman is a featured contributor on compulsive theft and spending on Carol Lawyer's May

May--Mr. Shulman will be featured in articles in The Toronto Star newspaper and in Canada's
Chatelaine magazine on shoplifting addiction.

May 29--Mr. Shulman's online education course called "Creating an Honest and Theft-Free Workplace" based
on his book and Power Point presentation through 360 Training Services will be available. CEs are available. See

May: Mr. Shulman will be featured in an article about compulsive shopping in The Buffalo News.

Beyond May...

September 8-11--Mr. Shulman will be a guest presenter on compulsive shopping and spending at The National Conference on Addiction Disorders near Washington, D.C.

September: Mr. Shulman authored a chapter on employee theft for a U.K. book entitled "Risky Business"
which will be released.

December 1-4--Mr. Shulman will be presenting on employee theft detection and prevention at The National Association of RV Parks and Campgrounds Annual Conference in Las Vegas.

Mr. Shulman created an online continuing education course on compulsive shopping and spending  called "Bought Out and $pent!" based on his book and Power Point presentation. The course, offered through The American Psychotherapy Association, is available for purchase by APA members and non-members. CEs are available. He is also working on authoring a therapist certification program in compulsive theft and spending for the APA. See

Mr. Shulman is assisting the Baton Rouge, Louisiana court system a court-ordered three hour facilitated educational program for retail fraud offenders. The program is based on material from his book "Something for Nothing: Shoplifting Addiction and Recovery" (2003).

Mr. Shulman is assisting with a CNN TV news story about compulsive shopping/spending in today's economy.

Mr. Shulman will be featured in a segment on shoplifting addiction in the MSNBC series "Theft in America" to air in late 2010.

Mr. Shulman is consulting on a major motion picture tentatively called "The Rush" in which the lead character is addicted to shoplifting and stealing.

Mr. Shulman continues to assist the Kingman, Arizona court system with his court-ordered home-study program for retail fraud offenders. The program is based on material from his book "Something for Nothing: Shoplifting Addiction and Recovery" (2003).

Mr. Shulman is consulting with an author who is writing a novel about two kleptomaniacs who fall in love with each other.

Contact The Shulman Center

Terrence Shulman
P.O. Box 250008
Franklin, Michigan 48025
Call (248) 358-8508 for free consultation!

Products for Purchase--ON SALE through 2009!

Mr. Shulman's three books "Something for Nothing: Shoplifting Addiction & Recovery" and "Biting
The Hand That Feeds: The Employee Theft Epidemic... New Perspectives, New Solutions," and
"Bought Out and $pent! Recovery from Compulsive $hopping and $pending" are available for $25.00
each (includes shipping/handling).
2nd International Conference on Compulsive Theft & Spending 2 DVD set (6 Hours). Recorded 9/08. $100.00
(includes shipping/handling)

Click here to purchase

E-mail Mr. Shulman:

Call (248) 358-8508