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
13
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
龙虎山上清宫始建于( )。 A、东汉 B、东晋 C、西晋 D、南朝
在大宗商品的基差交易中,基差买方所面临的风险主要是敞口风险,一般情况下不会在签订
对淋病奈瑟菌有高度抗菌活性的药物是 A.青霉素 B.庆大霉素 C.青蒿素
依据《化学品生产单位特殊作业安全规范》(GB90871-2014),下列关于动火
下列依据药用部位命名的羌活商品药材中不包括
史学原以记述近现代事实为主要任务,任何时代的近现代史都是史学家的研究中心。史学容易触犯政治禁忌,成为文字狱和其他变相文字狱的主要对象。清代的文字狱几乎等于...
电缆井、管道井与房间、走道等相连通的孑1隙,采用( )封堵材料封堵。A.防火B.有一定弹性C.不低于楼板耐火极限D.隔热
施工中遇到冰雹、台风等异常恶劣的气候条件造成的停工属于()A.不可原谅的延期B.承包人应承担的风险责任C.可原谅并给予补偿利润的延期D.可
影响施工现场周转性材料消耗的主要因素有()。A.第一次制造时的材料消耗量B.每周转使用一次材料的损耗C.周转使用次数D.周转材料的最终回收及其回收
报酬率等于()、投资风险补偿率、管理负担补偿率、缺乏流动性补偿率之和减去投资带来的优惠率。A:低风险报酬率B:银行存款利率C:银行贷款利率D:无风险报酬率