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
95
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
患者,女,25岁。葡萄胎清宫术后13个月,阴道流血2周。妇科检查:阴道口处见一直
网络购物:在线支付:货到付款() A.走路:跑步:回家 B.交流:语言:文字
保密的内容指的是 A.保守双方的秘密 B.保守病人的秘密和对病人保守秘密
二手个人住房交易时,在借款人购买的房屋没有办理好抵押登记前,由()提供阶段性
()是激励全党全国各族人民奋勇前进的强大精神力量。
焦老师积极参加各种教师培训活动,返校后主动与同事们交流学习的心得体会,并将其运用
书:阅读A.琵琶:弹奏B.观察:望远镜C.歌手:音乐D.杯子:解渴
虚劳症见短气自汗,声音低怯,平素易于感冒,舌淡,脉弱。治法宜A.滋补肾阴B.益气养心C.健脾益气D.益气补肾E.补益肺气
下列墙面饰面砖粘贴工程的施工方法正确的有()。A、水泥砂浆应满铺在饰面砖背面,一面墙一次粘贴到顶B、粘贴前应进行放线定位和排砖,非整砖应排放在次要部位或
对有限责任公司而言,如有新投资者介入,新介入的投资者缴纳的出资额大于其按约定比例计算的其在注册资本中所占的份额部分,应计入的会计科目是()。A:实收资本B:盈