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
53
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!
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/ZwpQKKKQ
相关试题推荐
FromPonzitoMadoff Theyearwas1920.thecountrywasUnitedStatesofA...
FromPonzitoMadoff Theyearwas1920.thecountrywasUnitedStatesofA...
TheChangingMiddleClass TheUnitedStatesperceivesitselftobeamiddle...
TheChangingMiddleClass TheUnitedStatesperceivesitselftobeamiddle...
TheChangingMiddleClass TheUnitedStatesperceivesitselftobeamiddle...
TheChangingMiddleClass TheUnitedStatesperceivesitselftobeamiddle...
AHeroicWoman ThewholeoftheUnitedStatescheereditslatesthero,Ashle...
AHeroicWoman ThewholeoftheUnitedStatescheereditslatesthero,Ashle...
AHeroicWoman ThewholeoftheUnitedStatescheereditslatesthero,Ashle...
AHeroicWoman ThewholeoftheUnitedStatescheereditslatesthero,Ashle...
随机试题
(82-85题共用备选答案) A.肱三头肌、肘肌 B.指长伸肌、骨间肌 C
施工中使用的成品冲压管件和焊接管件的分类中不包括()。
IgM是
旅行社采用敏感度分析法来评价旅行社经营风险时,具体操作过程是()。 A.列出
急性肾衰无尿或少尿早期,发生水中毒的常见原因是()A.低蛋白血症B.内生水过多C.抗利尿激素增加D.钠潴留E.不适当输入水分过多
简述排除垄断协议的情形。
胆囊结石最常见的并发症是 A胆道蛔虫症B急性梗阻性化脓性胆管炎 C肝脓肿 D急性水肿型胰腺炎E急性化脓性胆囊炎
下列设备不可以输送具有磨琢性物料的是( )。A.振动输送机B.斗式输送机C.转斗式输送机D.鳞板输送机
对于时间要求特别紧迫的抢险救灾工程建设,其工程承包合同计价形式较适合采用()。A.总价合同B.固定单价合同C.变动单价合同D.成本加酬金合同
共用题干 第一篇StormsSinkShipsRescuershavefoundthebodiesofover130peoplek...