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
24
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!
For every $100,Ponzi promised to pay people .
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 Mm 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/hcdQKKKQ
相关试题推荐
FromPonzitoMadoff Theyearwas1920.thecountrywasUnitedStatesofA...
FromPonzitoMadoff Theyearwas1920.thecountrywasUnitedStatesofA...
TheChangingMiddleClass TheUnitedStatesperceivesitselftobeamiddle...
TheChangingMiddleClass TheUnitedStatesperceivesitselftobeamiddle...
TheChangingMiddleClass TheUnitedStatesperceivesitselftobeamiddle...
TheChangingMiddleClass TheUnitedStatesperceivesitselftobeamiddle...
FromPonzitoMadoff Theyearwas1920.ThecountrywastheUnitedStateso...
FromPonzitoMadoff Theyearwas1920.ThecountrywastheUnitedStateso...
AHeroicWoman ThewholeoftheUnitedStatescheereditslatesthero,Ashle...
AHeroicWoman ThewholeoftheUnitedStatescheereditslatesthero,Ashle...
随机试题
储蓄与保险一样,都具有以现在积累解决以后问题的特点,但是与保险不同的是,储蓄属于
当用权重法计量风险监管资本时,()的信用风险转换系数最低。[2015年10月真题
导游人员良好的心理素质是导游活动成功的重要保证,导游人员的这种心理素质主要是指(
1岁半的儿童想给妈妈吃饼干时,会说:“妈妈”“饼”“吃”,并把饼干递过去,这表明
①对于同一刑法条文中的同一概念,既可以进行文理解释也可以进行论理解释 ②一个
上市公司应当在可转换公司债券期满后()内,办理完毕偿还债券余额本息的事项。
第2题:A.不了解我的过去B.非常感谢我C.尊重信任我D.不理解我
患者,女性,45岁。因饱餐后出现右上腹疼痛而入院,诊断为胆囊结石,应忌食A.蛋白食物B.纤维食物C.高热量食物D.油腻食物E.高维生素食物
创拟确立模型首先必须对活动进行系统分析,包括功能分析和{pz_填空}分析。
保留根管内的全部健康牙髓A.干髓术B.根管治疗术C.塑化治疗D.根尖诱导成形术E.活髓切断术