So where did Madoff get the idea for his Ponzi scheme?
[John K. Matyi] Found this in my In-box this morning and figured it was a great way to explain not only the Madoff Ponzi scheme, but also all of the bailouts we can expect (until we go broke). So who is next to ask (or demand) that the US Government bail them out? Maybe Mexico? It seems like this is the theory that was circulating the talk shows yesterday. May God help us.
Posted by John K. Matyi at Friday, January 30, 2009 5:32 AM 
Categories: Ponzi Scheme, Economics, Bailout, Madoff
Categories: Ponzi Scheme, Economics, Bailout, Madoff
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