Archive for the ‘Finance’ Category
Bernard Madoff & Ponzi Schemes; a follow-up thought and something to consider
According to some sources: Knowingly entering a Ponzi scheme, even at the last round of the scheme, can be rational in the economic sense if a government will likely bail out those participating in the Ponzi scheme.
A thought from limomangary in response: “Seeing this information and considering what has gone on with Wall Street and Investors this thought on Ponzi Schemes is one of those hmmm I wonder moments…to think that there is the possibility that some folks got into the Madoff mess knowing the loopholes and considering the possiblity of seeing both some gains from his Ponzi Scheme and then getting bailed out by authorities is a real possibility.” See the following article link I found on Yahoo Finance about this very topic: http://finance.yahoo.com/news/Trustee-agrees-to-sell-part-apf-14774151.html
Let me know what you guys think about this?
