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
35
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!
Why didn’t Madoff have to go on trial?
选项
A The officials couldn’t find any evidence against him.
B He admitted he was guilty.
C He had friends in the government who helped him.
D He returned all the illegal money.
答案
B
解析
最后一段里"He didn’t have to go on trial because he said he was guilty. ” 这句话说明了Madoff为什么不用受审,因为他已经认罪了。
转载请注明原文地址:https://ti.zuoweng.com/ti/k2dQKKKQ
相关试题推荐
FromPonzitoMadoff Theyearwas1920.thecountrywasUnitedStatesofA...
FromPonzitoMadoff Theyearwas1920.thecountrywasUnitedStatesofA...
FromPonzitoMadoff Theyearwas1920.thecountrywasUnitedStatesofA...
TheChangingMiddleClass TheUnitedStatesperceivesitselftobeamiddle...
TheChangingMiddleClass TheUnitedStatesperceivesitselftobeamiddle...
TheChangingMiddleClass TheUnitedStatesperceivesitselftobeamiddle...
AHeroicWoman ThewholeoftheUnitedStatescheereditslatesthero,Ashle...
AHeroicWoman ThewholeoftheUnitedStatescheereditslatesthero,Ashle...
AHeroicWoman ThewholeoftheUnitedStatescheereditslatesthero,Ashle...
AHeroicWoman ThewholeoftheUnitedStatescheereditslatesthero,Ashle...
随机试题
导游员掌握()有助于针对旅游团的情况提供相应的服务。 A.旅游美学知识 B
某8层办公楼,采用现浇钢筋混凝土框架结构,如图3-17所示。抗震设防烈度为8度,
以下不符合向人民法院起诉条件的是
在断路器的配置及功能上的叙述中: 对出线断路器检修时,()将中断对用户供电。
可用于产后止血的药物是( ) A.奥美拉唑 B.特布他林 C.酚酞 D
多采用PES形式描述的护理诊断是A.现存的护理诊断B.“有……危险”的护理诊断C.健康的护理诊断D.合作性问题E.潜在并发症
甲房地产经纪公司(以下简称甲公司)经纪人吕某与客户王某洽谈一笔房地产买卖经纪业务,吕某私下告诉王某他有比本公司其他经纪人更丰富的房源,因为他同时还在其他经...
交易所的内部风险监控机制包括()。A:正确建立和严格执行有关风险监控制度B:建立对交易全过程进行动态风险监控机制C:建立和严格管理风险基金D:建立全员参与
关于经济发展与金融深化的关系的说法,正确的是()。A:金融深化会导致金融危机,破坏经济发展B:金融深化必然促进经济发展C:经济发展离不开金融深化,失控的金融
共用题干 很多吸烟成瘾的人并非没有尝试过戒烟,老任就是其中之一。他吸烟已有近30年的历史,在别人的劝告下曾经多次尝试过戒烟,但因每次戒烟后都有不适的感觉...