As Bernie Madoff Goes Off to Trial...
...I've been curious about Charles Ponzi and the origins of Ponzi schemes. He looks so pleasant in that mug shot. I'd follow him anywhere. At least my bond fund is slowly getting back to its original value.
Soon, a change is gonna come.
Labels: corruption, investments, jerks, Wall Street
6 Comments:
He was nice-looking fellow. So that's where they coined that term PONZI SCHEME!
I am enlightened once again.
Those damn Italians!
j/k
I am not joking by the way, look the word verification for posting this comment was: glyhole
MY GOD.
WAT - Yep, those Italian boys have a way of leading us down the wrong path, don't they? I'll have to remember glyhole as a new insult. My confirmation work is mistryod
Good use of the "jerks" tag!
Fancy - I could think of some stronger language to describe him, but this is a family friendly blog.
I can't help it -- Chicago Italians in my childhood -- I am in love with him. That look in his eye I have seen before in an unlikely place: Tom Metz. Why has no-one made a movie of his life? "Ponz" is such a soft, sweet sound... Where do I send my check?
Jim - It's easy to see how people would fall for the Ponz. Why anyone would trust someone who looked like Bernie Madoff is a mystery.
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