Mini Madoffs .. more Ponzi Schemes

[Tagger]

Everyones been robbing and stealing ,, more white collar crime exposed ..
http://www.nytimes.com/2009/01/28/bu...i.html?_r=1&hp

[Swimmer]

Greed, lack of common sense, and not brain cell one, makes for a playground full of suckers. When someone promises returns of 48% in one venture or 20% a month trading dollars, one has to realize that the person is doing something illegal, either for you or against you.

[spence]

Funny how they have these sayings like "if it's too good to be true it probably is"...

And yet people still don't listen.

-spence

[PaulS]

I didn't read the article but people are now questioning the returns promised when before they just assumed the guys were genious'. Also there is no new money to pay the prior suckers and finally, people need the money and are asking the crooks for their money back and guess what - it ain't there.

[afterhours]

Originally Posted by spence

Funny how they have these sayings like "if it's too good to be true it probably is"...

And yet people still don't listen.

-spence

so true, but i think greed is more powerful than common sense.