My favorite pre-Ponzi schemer was known as '520 Percent Miller' because he promised 10 percent returns a week, or 520 percent a year. Of course he was just using new investors' money to pay old investors, and soon he was on the lam.
My favorite pre-Ponzi schemer was known as '520 Percent Miller' because he promised 10 percent returns a week, or 520 percent a year. Of course he wa… - Mitchell Zuckoff
My favorite pre-Ponzi schemer was known as '520 Percent Miller' because he promised 10 percent returns a week, or 520 percent a year. Of course he wa…
- Mitchell Zuckoff
Every swindle is driven by a desire for easy money; it's the one thing the swindler and the swindled have in common. - Mitchell Zuckoff
Every swindle is driven by a desire for easy money; it's the one thing the swindler and the swindled have in common.
Bob Altman got nothing from the TV series 'M*A*S*H,' and the royalties for the theme song went to his oldest son, Michael, who wrote it as a 15-year-… - Mitchell Zuckoff
Bob Altman got nothing from the TV series 'M*A*S*H,' and the royalties for the theme song went to his oldest son, Michael, who wrote it as a 15-year-…
We've suffered a "Ponzification" of the economy in recent years, as bubbles have built up and then burst, and each time we act as though it's the fir… - Mitchell Zuckoff
We've suffered a "Ponzification" of the economy in recent years, as bubbles have built up and then burst, and each time we act as though it's the fir…
Fear is something i don't you experience unless you have a choice. If you have a choice, you're liable to be afraid. But without a choice, what is th… - Mitchell Zuckoff
Fear is something i don't you experience unless you have a choice. If you have a choice, you're liable to be afraid. But without a choice, what is th…
No Ponzi schemer tells anyone exactly how it works. The purpose of a Ponzi scheme is to trick people, to take the money and run. - Mitchell Zuckoff
No Ponzi schemer tells anyone exactly how it works. The purpose of a Ponzi scheme is to trick people, to take the money and run.
I was researching a different World War II story when I came across an article in the 'Chicago Tribune' from June 1945 that knocked me for a loop. Th… - Mitchell Zuckoff
I was researching a different World War II story when I came across an article in the 'Chicago Tribune' from June 1945 that knocked me for a loop. Th…
I know that plenty of folks have issues with Social Security, but I'd urge them to confront it on its own terms. Calling it a Ponzi scheme is mislead… - Mitchell Zuckoff
I know that plenty of folks have issues with Social Security, but I'd urge them to confront it on its own terms. Calling it a Ponzi scheme is mislead…
For starters, let's dispense with the cheap jokes about cannibalism. That means cracks about giving an arm and a leg - sorry - for a good book on the… - Mitchell Zuckoff
For starters, let's dispense with the cheap jokes about cannibalism. That means cracks about giving an arm and a leg - sorry - for a good book on the…
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