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
11
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!
For every $100,Ponzi promised to pay people .
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 Mm 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/tiMQKKKQ
相关试题推荐
FromPonzitoMadoff Theyearwas1920.thecountrywasUnitedStatesofA...
FromPonzitoMadoff Theyearwas1920.thecountrywasUnitedStatesofA...
FromPonzitoMadoff Theyearwas1920.thecountrywasUnitedStatesofA...
TheChangingMiddleClass TheUnitedStatesperceivesitselftobeamiddle...
TheChangingMiddleClass TheUnitedStatesperceivesitselftobeamiddle...
TheChangingMiddleClass TheUnitedStatesperceivesitselftobeamiddle...
TheChangingMiddleClass TheUnitedStatesperceivesitselftobeamiddle...
FromPonzitoMadoff Theyearwas1920.ThecountrywastheUnitedStateso...
FromPonzitoMadoff Theyearwas1920.ThecountrywastheUnitedStateso...
AHeroicWoman ThewholeoftheUnitedStatescheereditslatesthero,Ashle...
随机试题
商陆的性状特征为 A外皮灰黄色或灰棕色 B横切片不规则圆形,弯曲不平
甲公司持有一项固定资产,其账面原值为500万元,已计提折旧200万元,计提减值准
现有浓度为12%和24%的盐水各若干克,将其混合后加入50克水,配制成了浓度为1
患者,女性,20岁,诉自小牙齿不好,要求牙体美容。检查:全口牙齿均有Ⅰ~Ⅱ度磨耗
月经量多或经期延长但周期基本正常,应首先考虑
火邪致病特点不包括A:耗伤阴津B:易于生风C:其性炎上D:善行数变E:易于动血
可激动γ-氨基丁酸(GABA)受体,属于苯二氮?类抗癫痫药的是()A.卡马西平B.苯妥英钠C.丙戊酸钠D.苯巴比妥E.地西泮
可降低多奈哌齐血浆药物浓度的是A.酮康唑B.苯妥英钠C.伊曲康唑D.红霉素E.氟西汀
根据《生产安全事故报告和调查处理条例》,符合施工生产安全事故报告要求的做法是( )。 A.任何情况下,事故现场有关人员必须逐级上报事故情况 B...
某化工厂发生一起火灾事故,造成2人死亡1人重伤,3人轻伤。事故发生1个月后,重伤者因救治无效死亡。依据《安全生产事故报告和调查处理条例》的规定,下列关于事...