Comments on: Ponzi Schemes: How to Recognize and Avoid Investment Scams http://www.moneyunder30.com/ponzi-schemes-recognize-and-avoid-investment-scam Personal Finance for the Young and Ambitious Sat, 21 Nov 2009 04:23:03 -0700 http://wordpress.org/?v=2.8.4 hourly 1 By: Money Under 30 http://www.moneyunder30.com/ponzi-schemes-recognize-and-avoid-investment-scam/comment-page-1#comment-1922 Money Under 30 Fri, 19 Dec 2008 14:57:37 +0000 http://www.moneyunder30.com/?p=1004#comment-1922 That's funny; I don't think I realized Ponzi actually thought it would work! Deluded is right! How sinister Madoff had to be to run this thing for so long and let it get so big. I will be fascinated to learn the details of how he got away with it. How many people helped him? Or did he actually trick people working for him? I mean, if you were at the trenches at his firm, exactly how do you record thousands of transactions and issue statements without knowing they're fake? That’s funny; I don’t think I realized Ponzi actually thought it would work! Deluded is right!

How sinister Madoff had to be to run this thing for so long and let it get so big. I will be fascinated to learn the details of how he got away with it. How many people helped him? Or did he actually trick people working for him? I mean, if you were at the trenches at his firm, exactly how do you record thousands of transactions and issue statements without knowing they’re fake?

]]> By: Sam http://www.moneyunder30.com/ponzi-schemes-recognize-and-avoid-investment-scam/comment-page-1#comment-1923 Sam Fri, 19 Dec 2008 01:26:42 +0000 http://www.moneyunder30.com/?p=1004#comment-1923 Madoff even makes Ponzi look bad. At least Ponzi deluded himself into thinking his scheme would actually work for everyone. Madoff straight out knew his wouldn't and still went ahead. Madoff even makes Ponzi look bad. At least Ponzi deluded himself into thinking his scheme would actually work for everyone. Madoff straight out knew his wouldn’t and still went ahead.

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