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garyth123 commented on the word ponzi scheme
The Bernard Madoff affair is an example. The BBC however referred to the Madoff swindle as a pyramid scheme.
December 21, 2008
valse commented on the word ponzi scheme
A timely expression.
March 14, 2009
valse commented on the word ponzi scheme
see the original Ponzi
March 14, 2009
bilby commented on the word ponzi scheme
Valse, the Wikipedia link is under the word, the W icon.
March 14, 2009
kewpid commented on the word ponzi scheme
Apparently it is a badge of honour to be one of the people screwed over by Bernie Madoff. It's a very exclusive list.
March 14, 2009
ecbrenner commented on the word ponzi scheme
"The Ponzi scheme uses cash from new investors to pay dividends to old investors, so it looks like profits are soaring." "How to Run a Scam," Wired (17.04, 30)
April 30, 2009