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
44
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!
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 什iends in the government who helped him.
D. He returned aH 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/mcdQKKKQ
相关试题推荐
FromPonzitoMadoff Theyearwas1920.thecountrywasUnitedStatesofA...
FromPonzitoMadoff Theyearwas1920.thecountrywasUnitedStatesofA...
FromPonzitoMadoff Theyearwas1920.thecountrywasUnitedStatesofA...
TheChangingMiddleClass TheUnitedStatesperceivesitselftobeamiddle...
TheChangingMiddleClass TheUnitedStatesperceivesitselftobeamiddle...
TheChangingMiddleClass TheUnitedStatesperceivesitselftobeamiddle...
FromPonzitoMadoff Theyearwas1920.ThecountrywastheUnitedStateso...
AHeroicWoman ThewholeoftheUnitedStatescheereditslatesthero,Ashle...
AHeroicWoman ThewholeoftheUnitedStatescheereditslatesthero,Ashle...
AHeroicWoman ThewholeoftheUnitedStatescheereditslatesthero,Ashle...
随机试题
在个人或家庭财产损失风险中,( )一向被视为财产损失的主要原因。 A、爆炸
下列可成为信托计划的合格投资者的有()。 A.夫妻双方合计收入在最近3年内每
培训服务制度条款需要明确的内容,包括( )。
可用于粉末直接压片的助流剂是
下列不属于辅导员对大学生进行就业指导的方式的是()A.提供职业信息B.帮助大学生进行职业评价C.开展择业咨询D.帮助大学生选择工作
符合硅结节的描述是A.早期是纤维结节B.属肉芽肿病变C.不发生坏死D.具有病理诊断意义
按照中国证监会发布的《上市公司证券发行管理办法》,要求主板(中小企业板)上市的上市公司的盈利能力具有可持续性,下列说法错误的是()。A.最近三个会计年度连续盈
设计施工总承包合同的订立中,()对道路通行权和场外设施做出了两种可选用的约定形式。A.通用条款B.专用条款C.合同协议书D.中标通知书
对房地产睥目标客户群体进行研究的主要方法是( )方法。A.市场行为记录B.SWOT分析C.规划与建筑策划D.市场细分
甲因不正当竞争行为被工商局处以罚款10万元,甲不服,提起了行政复议。在行政复议过程中,甲死亡,下列可以以甲的名义继续进行行政复议的是:()A.一直由甲抚养的继