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
82
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!
What did Ponzi do with the money people gave him?
选项
A He spent it all on things for himself.
B He deposited it all in a bank.
C He kept it all to save for a good plan.
D He used some of it to pay other people.
答案
D
解析
Ponzi并没有把钱都花掉(A),也没有把钱存入银行(B),也不为某个计划而存钱(C),他把一部分钱用来支付给一些借钱给他的人。从第二段中"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."可以清楚地看到这一点。
转载请注明原文地址:https://ti.zuoweng.com/ti/xwpQKKKQ
相关试题推荐
FromPonzitoMadoff Theyearwas1920.thecountrywasUnitedStatesofA...
FromPonzitoMadoff Theyearwas1920.thecountrywasUnitedStatesofA...
FromPonzitoMadoff Theyearwas1920.thecountrywasUnitedStatesofA...
TheChangingMiddleClass TheUnitedStatesperceivesitselftobeamiddle...
TheChangingMiddleClass TheUnitedStatesperceivesitselftobeamiddle...
FromPonzitoMadoff Theyearwas1920.ThecountrywastheUnitedStateso...
FromPonzitoMadoff Theyearwas1920.ThecountrywastheUnitedStateso...
FromPonzitoMadoff Theyearwas1920.ThecountrywastheUnitedStateso...
AHeroicWoman ThewholeoftheUnitedStatescheereditslatesthero,Ashle...
AHeroicWoman ThewholeoftheUnitedStatescheereditslatesthero,Ashle...
随机试题
招标投标违法行为记录公告,绝对禁止公开涉及()的记录。
科学主义:指自然科学的方法应该被应用于包括哲学、人文科学和社会科学在内的一切研究
项目建议书阶段,投资控制的工作不包括()。
物质运动的规律有( )。 A.主观性 B.稳定性 C.普遍性 D.重复性
1999年11月上旬,中美贸易代表团在北京举行关于中国加入世界贸易组织的谈判,消息一出,大连大豆期货价格连续一周下跌,大豆2000年5月合约价格从2240...
慢性心力衰竭患者发热的机制是A:自主神经功能紊乱B:无菌性坏死物质吸收C:皮肤散热减少D:抗原一抗体反应E:内分泌系统功能紊乱
某女,46岁。因小便频数短赤、灼热疼痛就诊,中医诊断为淋证。可参考淋证辨治的西医疾病是()A.泌尿系感染织B.性功能障碍C.肾功能衰竭D.肾病综合
贷前调查的方法主要包括()。A.现场调研B.定性调查C.搜寻调查D.委托调查E.通过行业协会了解情况
为了分析设备的时间利用情况,对设备时间的划分不包括( )。A.制度时间B.休息时间C.实际工作时间D.计划工作时间
甲公司生产某种产品,该产品单位售价160元,单位变动成本120元,2017年度销售产品360万件。2018年为扩大销售量、缩短平均收款期,甲公司拟实行“5...