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 the United States o...
From Ponzi to Madoff The year was 1920. The country was the United States o...
admin
2020-12-24
68
问题
From Ponzi to Madoff
The year was 1920. The country was the 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 savings account might pay you $5 a year for every $100 youdeposit. 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 money 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.
Ninety years later, people began to hear about a businessman in New York named Bernard Madoff. People said he gave 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 also didn’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 Madoff’s 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!
What was Ponzi’s crime?
选项
A. He kept a lot of other people’s money for himself.
B. He robbed the banks of millions of dollars.
C. He gave people more than the bank did.
D. He did not pay people their interests.
答案
A
解析
紧接着上面的那句话作者又说道"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. ” ,除了把一部分钱还给借钱给他的人外,他留下了大部分的钱,这有违法律,正是他的罪行所在。
转载请注明原文地址:https://ti.zuoweng.com/ti/ERpQKKKQ
相关试题推荐
FromPonzitoMadoff Theyearwas1920.thecountrywasUnitedStatesofA...
FromPonzitoMadoff Theyearwas1920.thecountrywasUnitedStatesofA...
FromPonzitoMadoff Theyearwas1920.thecountrywasUnitedStatesofA...
FromPonzitoMadoff Theyearwas1920.thecountrywasUnitedStatesofA...
TheChangingMiddleClass TheUnitedStatesperceivesitselftobeamiddle...
FromPonzitoMadoff Theyearwas1920.ThecountrywastheUnitedStateso...
FromPonzitoMadoff Theyearwas1920.ThecountrywastheUnitedStateso...
AHeroicWoman ThewholeoftheUnitedStatescheereditslatesthero,Ashle...
AHeroicWoman ThewholeoftheUnitedStatescheereditslatesthero,Ashle...
AHeroicWoman ThewholeoftheUnitedStatescheereditslatesthero,Ashle...
随机试题
心功能Ⅱ级患者的表现是 A.体力活动明显受限,稍事活动后出现疲乏、心悸、呼吸困
(59-63题共用题干) 女性,60岁,患慢性肾炎8年。近日水肿加重,经常恶心
关于代理型CM模式的优缺点,下列叙述有误的有()。
管道和设备工程 压缩空气管道安装管道弯头应尽量煨弯,其弯曲半径不应小于()。
对于一个过分害怕猫的学生,我们可以让他先看猫的照片、谈论猫,再让他远远观看关在笼中的猫,让他靠近笼中的猫,最后让他用手触摸猫,逐步消除对猫的惧怕反应。这种...
(2009年真题)与司法活动相比,执法活动的特征有( )。A.主动性B.单方面性C.终极性D.中立性
2005年全国1%人口抽样调查主要数据公报显示,同2000年第五次全国人口普查相比,2005年具有大学教育程度的人口增加2193万人;具有高中教育程度的人...
阿托品的结构属于A.酰胺类生物碱B.有机胺类生物碱C.异喹啉类生物碱D.莨菪烷类生物碱E.喹啉类生物碱
房地产经纪人在询问客户需求时,适宜采用的提问方式是( )。A:封闭式B:开放式C:诱导式D:自由式
某开发公司欲参加该市经济技术开发区一块招标土地的投标报价。该出让地块规划用途为高档宾馆,出让年限为40年。为获得该地块,该开发公司委托某房地产估价机构评...