首页
外语
计算机
考研
公务员
职业资格
财经
工程
司法
医学
专升本
自考
实用职业技能
登录
外语
From Ponzi to Madoff The year was 1920. The country was the United States of America. The man’s name was Charles Ponzi. Ponzi
From Ponzi to Madoff The year was 1920. The country was the United States of America. The man’s name was Charles Ponzi. Ponzi
admin
2012-12-24
52
问题
From Ponzi to Madoff
The year was 1920. The country was the United States of America. The man’s name was Charles Ponzi. Ponzi told people to stop depositing money in a savings account. Instead, they should give it to him to save for them. Ponzi promised to pay them more than the bank. For example, a savings account might pay you $5 a year for every $100 you deposit. Ponzi, however, would pay you $40 a year for every $100 you gave him to hold. Many people thought this was a good plan. They began to give their money to Ponzi. How could Ponzi make so much money for people? This is what he did with the money people gave him: He used some of that money to pay other people who gave him money. However, he also kept a lot of the money for himself. Soon he had $250 million. This was a kind of theft, and it was against the law. The people who gave him their money didn’t think anything was wrong. Ponzi paid them every month, just like a bank. Ponzi continued this way of working for two years. Then one day, he didn’t have enough money to pay all the people. They discovered his crime, and he went to prison for fraud.
Ninety years later, people began to hear about a businessman in New York named Bernard Madoff. People said he gave good advice about money. They said when they gave him their money, he paid them a lot more than the bank. Madoff helped hospitals, schools, and individuals earn money. Over a period of 40 years, people gave him $170 billion. However, no one investigated what he did with the money. The people who gave Madoff their money also didn’t think anything was wrong because he paid them every month.
One day, Madoff didn’t have enough money to pay all the people he needed to pay. That’s when people discovered how Madoff worked: He was taking money from some people to pay other people, just the way Charles Ponzi did. However, this time, instead of losing millions of dollars, people lost billions.
Madoff was accused of fraud, and United States government officials arrested him. He didn’t have to go on trial because he said he was guilty. In 2009, a judge sentenced him t0 150 years in prison. Bernard Madoff’s crime was even bigger than Ponzi’s. It was the biggest fraud in history. The lesson of this story is clear: When something seems too good to be true, it probably is!
What did Ponzi do with the money people gave him?
选项
A、He spent it all on things for himself.
B、He used some of it to pay other people.
C、He deposited it all in a bank.
D、He kept it all to save for a good plan.
答案
B
解析
转载请注明原文地址:https://kaotiyun.com/show/CzFd777K
本试题收录于:
职称英语综合类C级题库职称英语分类
0
职称英语综合类C级
职称英语
相关试题推荐
TVGamesShowsOneofthemostfascinatingthingsabouttelevisionisthesizeoftheaudience.Anovelcanbeonthebests
TVGamesShowsOneofthemostfascinatingthingsabouttelevisionisthesizeoftheaudience.Anovelcanbeonthebests
WhyBuyShade-GrownCoffee?Whenpeopleargueaboutwhethercoffeeisgoodforhealth,they’reusuallythinkingofthehealt
ADifferentsportsrequiredifferenttrainingprograms.BSciencemaybetooimportanttoday.CSportsequipmenthasbeenimp
AOngoingResearchBExtensionofUseCRobotHeroesDGreaterReliabilityEFallingDemandFHiddenDanger*
Itisobviousthathewillwinthegame.
Thenewcommunicationsystemisbynomeansaminuteinvention.
SoMany"Earths"TheMilkyWay(银河)containsbillionsofEarth-sizedplanetsthatcouldsupportlife.That’sthefindingofa
IstheTieaNecessity?Ties,orneckties,havebeenasymbolofpolitenessandeleganceinBritainforcenturies.Butthe
Weshallkeepthemoneyinasecureplace.
随机试题
胃镜检查的适应证包括
以下外用药处方正确的是
患者男性,55岁。平日嗜烟酒及肥甘厚味,现症见:咳嗽气粗,痰多质黄稠,胸胁胀满,面赤身热,口干咽痛,大便干,舌质红,苔黄腻,脉滑数。治法宜采用
设备工程管理的核心是( )项目管理组织及其设备工程活动。
2005年1月1日试行首次公开发行股票询价制度。按照中国证监会的规定,首次公开发行股票的公司应通过向其保荐人询价的方式确定股票发行价格。()
对手社会工作理论在社会工作实中的作用,下列说法不正确的是( )。
Afamousteacherwasspeakingtothestudentsatourschool.Hebeganhislessonbyholdingupa¥100bill.Thenhesaidtothe
"Iwouldalmostratherseeyoudead."BobertS.Cassatt,aleadingbankerofPhiladelphia,shoutedwhenhistwenty-year-oldelde
当LM曲线处于古典区域时,()。
LuoZheng,28,anofficeworkerinChangsha,Hunanprovince,stillpinesforherformerfiance,butdoesnotregrettheactions
最新回复
(
0
)