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
49
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 was Ponzi’s crime?
选项
A、He robbed the banks of millions of dollars.
B、He gave people more than the bank did.
C、He kept a lot of other people’s money for himself.
D、He did not pay people their interests.
答案
D
解析
转载请注明原文地址:https://kaotiyun.com/show/RzFd777K
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
NewResearchLightstheWaytoSuper-fastComputers1NewresearchpublishedtodayinthejournalNatureCommunications,hasdem
NewChangesinAmericanLifeOnceitwaspossibletodefinemaleandfemaleroleseasilybythedivisionoflabor.Menworke
TheWeightExperiment1NicolaWaitershasbeentakingpartinexperimentsinScotlandtodiscoverwhyhumansgainandloseweig
Outside-the-classroomLearningPuttingagroupofcollegestudentsinchargeofa$300,000DanceMarathon,fundraisersurel
WhichofthefollowingstatementsaboutFlowersandYeoistrue?Theattitudeoftheauthortowardstheresearchprojectis
WhichofthefollowingstatementsaboutFlowersandYeoistrue?Theword"affect"inParagraph6couldbebestreplacedby
TheCaseoftheDisappearingFingerprintsOneusefulanti-cancerdrugcaneffectivelyerasethewhorls(萝状指纹)andothercharact
OceanNoisePollutionSomescientistssaythatanimalsintheoceanareincreasinglythreatenedbynoisepollutioncausedbyhum
PleaseFastenYourSeatbeltsSevereturbulence(湍流)cankillaircraftpassengers.Now,intestflightsovertheRockyMountain
WhatIsaDream?Forcenturies,peoplehavewonderedaboutthestrangethingsthattheydreamabout.Somepsychologistssay
随机试题
余光中的《听听那冷雨》的体裁是()。
血浆游离血红蛋白显著增高见于
A.触发肌肉兴奋一收缩耦联B.是细胞内以及骨矿化所需磷酸盐的来源C.稳定神经细胞膜,影响其应激性D.腺嘌呤、鸟嘌呤核苷以及核苷酸辅酶类的组成成分E.血中磷酸盐是血液缓冲体系的重要组成细胞外钙的生理功能是
膀胱内灌注药物治疗膀胱肿瘤,目前认为效果最好的是
A.蚊B.人虱C.鼠蚤D.恙螨E.蜱流行性斑疹伤寒的传播媒介是
书法家邱永平为某饭店题写了“百姓食府”的条幅。该饭店未经邱永平许可,将题词印制在自己的产品包装上。为此。邱永平诉至法院。依《著作权法》,邱永平向被告提出的下述主张,不成立的有:
对外贸易政策包括()。
该客户实际得到的资金为()万元。银行可以在贷款经营中交叉销售其他产品,主要包括()。
游乐场的摩天轮半径为10米,匀速旋转一周需要2分钟,小浩坐在最底部的轿厢(距离地面0.1米),当摩天轮启动旋转40秒时小浩距离地面的高度是多少米?
SouthCarolina’smineralresourcesareabundant,butnotallofthemcanbelucrativelymined.
最新回复
(
0
)