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
59
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/hwpQKKKQ
相关试题推荐
FromPonzitoMadoff Theyearwas1920.thecountrywasUnitedStatesofA...
FromPonzitoMadoff Theyearwas1920.thecountrywasUnitedStatesofA...
FromPonzitoMadoff Theyearwas1920.thecountrywasUnitedStatesofA...
FromPonzitoMadoff Theyearwas1920.thecountrywasUnitedStatesofA...
TheChangingMiddleClass TheUnitedStatesperceivesitselftobeamiddle...
FromPonzitoMadoff Theyearwas1920.ThecountrywastheUnitedStateso...
AHeroicWoman ThewholeoftheUnitedStatescheereditslatesthero,Ashle...
AHeroicWoman ThewholeoftheUnitedStatescheereditslatesthero,Ashle...
AHeroicWoman ThewholeoftheUnitedStatescheereditslatesthero,Ashle...
AHeroicWoman ThewholeoftheUnitedStatescheereditslatesthero,Ashle...
随机试题
我国推行的执业药师的资格制度是 A、从业资格制度 B、执业资格制度 C
经检查,甲乙两地某种心血管疾病的粗死亡率为45/10万,按照年龄构成标化后,甲地
关于建设工程索赔成立条件的说法,正确的是( )。 A、导致索赔的事情必须是对
共用题干 第二篇SpoiltforChoiceChoice,weare
存款人可以开立银行结算账户的地点有()。
女性,30岁,因二尖瓣狭窄做了手术,术前肝功正常。HbsAg(-),术中输血800ml,40天后肝功能ALT2801U/L,AST1601U/L,Tbil...
掌握学习理论认为,学生在学习能力上的差异不能决定他能否成功掌握教学内容,而是在于他()才能达到对教学内容的掌握程度。 A.学习积极性B.学习自觉性 ...
帕金森病(震颤麻痹)发病的主要原因是( )A.皮层小脑损伤B.中脑黑质病变C.纹状体病变D.脑内多巴胺增多E.苍白球病变’
进度的()指的是里程碑事件的进度目标值或再细化的分项工作的进度目标值。A:计划值B:相对值C:实际值D:纠偏值
财政政策是指一国政府为实现预期的经济社会发展目标,对()进行调整的指导原则和措施。A.财政预算关系B.财政收支关系C.财政主体关系D.财政收入结构