news logo
Switch to:  zoorag  ·  playrag
Community-driven news and discussions
Submit an article to the Newsrag community:
Online
Washington
Lifetime Interest Score:
97% 
 
 
Who was Ponzi -- what the heck was his scheme?
0 pops!
336 views
Submitted 1 year ago
c says,
Exactly what I was wondering after hearing about the 50-billion-dollar-Madoff debacle!
5 people found this interesting. Did you?
Yes  ·  No
c
Offline
Article excerpt from cnn.com — "(Mental Floss) -- Investigators are trying to figure out whether the financial Fraud allegedly perpetrated by Bernard L. Madoff was, in fact, the largest Ponzi scheme in history. The alleged scam, which cost investors $50 billion, sounds like a classic Ponzi racket. The New York home of Bernard Madoff, who's accused in a $50 billion...

Read the full article at cnn.com »
Posted 1 year ago
great find on this article. i never knew all this stuff.
 
Did you find this interesting?
Yes  ·  No
Add your comment:
Anonymous
user photo
Please log in or register to add your own comment.
 
 
About c
c monstir
San Francisco, CA
31, Female
Joined: September 15, 2008
Level: File Clerk (Level 4)
Points: 2,940
Lifetime Interest: 90, 100%
Today's Interest: 0, 0%
Following: 6
Followers: 0
user photo Online
rising
user photo Offline
rising
user photo Online
rising
user photo Online
rising
user photo Offline
top
user photo Online
rising
user photo Offline
rising
user photo Offline
rising
user photo Online
top
user photo Offline
rising
user photo Offline
rising
user photo Offline
top
user photo Offline
top
user photo Offline
top
user photo Offline
top
user photo Offline
top
'full_article.php' rendered in 0.7398 seconds on machine '121'.
Please login or register to comment, submit articles, and gain followers!