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A quick simple explanation of how Ponzi schemes work, it’s basically the model that Wall Street functions on, may it be Madoff or Enron or GE and etc…. in regards … Read more
An accounting expert who raised red flags about Bernie Madoff ’s Ponzi scheme has a new target: General Electric Co. GE -3.42% In a research report posted online Thursday, Harry Markopolos alleges the struggling … Read more
SINGAPORE (Reuters) – The collapse in China of a complex web of debt guarantees involving several private firms highlights risks in its financial system and opens up a potentially hazardous … Read more
A decade after Bernard Madoff was arrested for running the world’s biggest Ponzi scheme, the bitter fight to recoup investors’ lost billions has astounded experts and victims alike. While no … Read more
by Thinker Obama, the one who would ring in the new world order for Black Americans by way of Obamacare. How many got rich off a plan that really wasn’t … Read more