首页
财务会计
医药卫生
金融经济
考公考编
外语考试
学历提升
职称考试
建筑工程
IT考试
其他
登录
职称考试
From Ponzi to Madoff The year was 1920. the country was United States of A...
From Ponzi to Madoff The year was 1920. the country was United States of A...
admin
2020-12-24
6
问题
From Ponzi to Madoff
The year was 1920. the country was United States of America. The man’s name was Charles Ponzi. Ponzi told people to stop depositing money in a savings account.Instead,they should give it to him to save for them. Ponzi promised to pay them more than the bank. For example, a saving account might pay you $5 a year for every $100 you deposit. Ponzi,however,would pay you $40 a year for every $ 100 you gave him to hold. Many people thought this was a good plan. They began to give their money to Ponzi.
How could Ponzi make so much mohey for people? This is what he did with the money people gave him:he used some of that money to pay other people who gave him money.However he also kept a lot of the money for himself. Soon he had $250 million. This was a kind of theft,and it was against the law. The people who gave him their money didn’t think anything was wrong,Ponzi paid them every month, just like a bank. Ponzi continued this way of working for two years. Then one day, he didn’t have enough money to pay all the people.They discovered his crime, and he went to prison for fraud.
Ninet years later,people began to hear about a businessman in New York named Bernard Madoff.People said he give good advice about money. They said when they gave him their money,he paid them a lot more than the bank. Madoff helped hospitals, schools,and individuals earn money.Over a period of 40 years, people gave him $ 170 billion,However,no one investigated what he did with the money. The people who gave Madoff their money alsodidn't think anything was wrong because he paid them every
month.
One day, Madoff didn't have enough money to pay all the people he needed to pay. That’s when people discovered how Madoff worked:He was taking money from some people to pay other people, just the way Charles Ponzi did. However, this time, instead of losing millions of dollars, people lost billions.
Madoff was accused of fraud, and United States government officials arrested him. He didn’t have to go on trial because he said he was guilty. In 2009,a judge sentenced him to 150 years in prison. Bernard Madoffs crime was even bigger than Ponzi's. It was the biggest fraud in history. The lesson of this story is clear: When something seems too good to be true, it probably is!
For every $100,Ponzi promised to pay people{pz_填空}.
选项
A $5 a year
B $20 a year
C $ 40 a year
D $100 a year
答案
C
解析
答案在第一段"Ponzi,however, would pay you $40 a year for every $ 100 you gave him to hold."这个句子里可以找到。
转载请注明原文地址:https://ti.zuoweng.com/ti/2bMQKKKQ
相关试题推荐
FromPonzitoMadoff Theyearwas1920.thecountrywasUnitedStatesofA...
FromPonzitoMadoff Theyearwas1920.thecountrywasUnitedStatesofA...
FromPonzitoMadoff Theyearwas1920.thecountrywasUnitedStatesofA...
FromPonzitoMadoff Theyearwas1920.thecountrywasUnitedStatesofA...
TheChangingMiddleClass TheUnitedStatesperceivesitselftobeamiddle...
TheChangingMiddleClass TheUnitedStatesperceivesitselftobeamiddle...
TheChangingMiddleClass TheUnitedStatesperceivesitselftobeamiddle...
FromPonzitoMadoff Theyearwas1920.ThecountrywastheUnitedStateso...
AHeroicWoman ThewholeoftheUnitedStatescheereditslatesthero,Ashle...
AHeroicWoman ThewholeoftheUnitedStatescheereditslatesthero,Ashle...
随机试题
关于施工总承包单位安全责任的说法,正确的是()。 A.总承包单位的项目经理是施
下列各项中,说法错误的是 A.脑为髓海 B.冲脉为血海 C.任脉为阳脉之海
成人内服麝香的一日用量是
人们喜爱黄金制作的首饰.但会因为它的高价而不去购买。这体现了( )。
改扩建工程采用的防误闭锁装置型式应()。
A国与B国是邻国。多年来,AB两国和睦相处,在多个领域展开互利合作,签署
某种产品月末在产品数量很小,或者在产品数量虽大但各月之间在产品数量变动不大,月初
建设项目中仓储设施建设方式受储存期和储存量等因素的影响,确定储存期时,应考虑的因
遗传因素对人的影响在整个发展过程中总体上呈()趋势。 A.递减B
氟牙症的主要病因是A.人体氟摄入量过高B.婴儿期高热性疾病C.发育期缺微量元素D.母亲妊娠期的疾病E.人体氟摄入量过低