New Investors Quotes
- A typical Ponzi scheme involves taking money from investors, then paying them off with money taken from new investors, rather than paying them from actual… — Amy Goodman
- To allow all U.S. workers to put part of their earnings into private investment accounts would definitely erode the Social Security system and cause uncertainty… — Grace Napolitano
- 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… — Mitchell Zuckoff
- In a Ponzi scheme, a promoter pays back his initial investors with money he has raised from new investors. Eventually, the promoter can no longer… — Alex Berenson
- Fannie Mae has traditionally only bought and sold mortgages. But when a loan held by the company goes into foreclosure, Fannie Mae gains ownership of… — Charles Duhigg