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
104
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
竞争作用的正常发挥,需要一种( )交易的秩序。 A、平等 B、公平 C、
A.氯喹 B.卡巴胂 C.痢特灵 D.甲硝唑 E.吐根碱
哪项是藿香、佩兰的共同功效 A、燥湿,解表 B、行气,截疟 C、燥湿,
D
用于肝郁脾虚引起的月经不调的是
女性,26岁,孕5个月,心悸、手抖、多汗1个月,确诊甲状腺功能亢进最可靠的检查是
商业银行应当根据有关规定建立健全个人理财业务人员资格考核与认定、继续培训、跟踪评
某施工合同约定按固定价结算工程价款。完工后双方无法就调价问题达成一致,施工企业起诉并请求进行造价鉴定。关于该案鉴定的说法,正确的是()。 A.鉴定...
甲乙丙丁和戊为失业人员,均在领取失业保险金,根据我国《失业保证条例》以下情形应当停止领取失业保险金的有()A.甲被安排在小区绿化工作,并领取报酬B.乙被判刑
目前我国商业银行资金的主要来源为(),利润的主要来源为()。A:存款;中间业务B:存款;贷款C:贷款;存款D:贷款;中间业务