- The Big Picture - http://www.ritholtz.com/blog -

Ponzi: Giving Fraud a Bad Name

Posted By Barry Ritholtz On November 15, 2011 @ 11:48 am In Legal,Video | Comments Disabled

Charles Ponzi didn’t invent his eponymous pyramid scheme — but he lent star power to one of the oldest scams in the book. He also believed that his plan could have become a legitimate business.

>

Source:
Post-Madoff, a Greater Awareness of Ponzi Schemes [1]
BEN PROTESS
NYT, November 14, 2011
http://dealbook.nytimes.com/2011/11/14/post-madoff-a-greater-awareness-of-ponzi-schemes/


Article printed from The Big Picture: http://www.ritholtz.com/blog

URL to article: http://www.ritholtz.com/blog/2011/11/ponzi-giving-fraud-a-bad-name/

URLs in this post:

[1] Post-Madoff, a Greater Awareness of Ponzi Schemes: http://dealbook.nytimes.com/2011/11/14/post-madoff-a-greater-awareness-of-ponzi-schemes/

Copyright © 2008 The Big Picture. All rights reserved.