Ponzi schemes...of all things.
This article about JP Morgan Banks "involvement" with Bernard Madoff made me want to read more about Ponzi schemes (aka pyramid schemes). Here's the opening paragraph from the New York Times article about them in general:
In a Ponzi scheme, potential investors are wooed with promises of unusually large returns, usually attributed to the investment manager's savvy, skill or some other secret sauce.
See, you can learn new things everyday. J
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