Ponzi scheme that's why I had to stop it in 2008 it's because I you know that's
ponzi river greenway anybody ever been on that from here that runs all the way out to uh to
massive Ponzi scheme of ever increasing debt and it's the main reason that our entire economy is suffering so badly
I was like a Ponzi scheme guy that had been kind of-- like you said, I've been kind of lulling my parents
This was a Ponzi scheme, basically, that was essentially taking people's money.
It's a Ponzi scheme.
It was always a Ponzi scheme.
It’s a Ponzi scheme because it really has no value at the end of the day.
So is it like a Ponzi scheme, where you are giving up high rates as you have the program open,
The bottom layer of the Ponzi scheme, which is what we're in now, where these companies are still trying to get shareholder value and IPOs on Wall Street, this bottom layer
We also need immigrants because we've got three Ponzi schemes in Washington.
Bernard Madoff, the greatest Ponzi scheme ever.
But her husband basically was engaged in a Ponzi scheme, lost all of their money, lost their house, lawsuits and debt.
thinking huh or Madoff you know the the Ponzi guy like how did was exactly was he imagining this thing would play out
the decision-maker is saying in the case of the Ponzi scheme by Bernie Madoff
people at the SEC that Madoff was a Ponzi scheme
Basically, what he was running was a glorified Ponzi scheme.
For example, these guys who are Ponzi scheme scam artists had those believable faces.
investigated Madoff, determined that he was a Ponzi schemer, and went to confront him with this information and get his side of the story, and at the end of the interview,
based on selling more and more stuff is an environmental and economic Ponzi scheme, yet it's really difficult for us to figure out what we individually should do.
reduce or relax regulations that might have made it possible for us to understand the Ponzi scheme that that
right now is because the banks have said you know what I'm not going to fund this Ponzi scheme anymore all of a sudden all
Do you really want to dispose of your idea in order to turn it into the brand name on a Ponzi scheme?
was one example of a fundamentally misguided economic structure that needed to be addressed well there there have been Ponzi schemes throughout history he was
empire is based purely on US dollar, the petrodollar, which is a Ponzi scheme.
where you can avoid that kind of QuadrigaCX problem and know that, if the one running the exchange is basically running a Ponzi scheme,
You can run down a street, of course, but you can also run for Congress or run a Ponzi scheme.
When Harry began to look at the Madoff hedge fund, he said he realized within five minutes it was a Ponzi scheme.
It's an easy story to just say, well, this is just a Ponzi scheme.
If it was operating as Europe does, it would have been a Greece-- insolvent, with insolvent banks, constantly cap in hand seeking more extend and pretending Ponzi loans.
Then it got a new CEO, who about four or five years in went to jail for fraud because he'd been running a Ponzi
is going bankrupt, that it doesn't really have any money, that it's a Ponzi scheme in which today's workers simply
Well, Simona Suh, who was an investigator in the SECs New York office, said that Madoff "didn't fit the profile of a Ponzi schemer in the world that we knew then."
I mean it’s really—in a way it’s sort of a very long-con Ponzi scheme, because it has to keep growing in order to keep meeting its obligations.
there is a long tradition of suspicion that art first of all is a conceit among a very small group of human beings who try to make themselves superior through a kind of Ponzi
If you had told me in that moment, right-- Bayer, AIG, Washington Mutual, Wachovia, Merrill gets rescued, Lehman doesn't, Madoff, $50 billion Ponzi --
In case you don't recognize him, this is Bernard Madoff, the biggest and most famous Ponzi schemer in world