On AlterNet: ponzi scheme

Stories, blog posts, and videos tagged as "ponzi scheme"

How Our Entire Economy Became a Ponzi Scheme

Andy Kroll, TomDispatch.com. March 18, 2010.

We're only just discovering how widespread the rip-off schemes riddling our economy are.

Jailed Madoff's New York penthouse seized

Agence France Presse July 2, 2009.

Madoff Victims Spew Avalanche of Insults, Tell Judge He's a 'Monster'

Agence France Presse June 15, 2009.

More than 100 victims of Wall Street swindler Bernard Madoff have asked a judge to give him the maximum sentence.

Michael Moore: Madoff Is a Convenient Distraction for a Bunch of Crooks Who Aren't in Jail

Michael Moore, Time Magazine. May 2, 2009.

Had Madoff just followed the example of his fellow tycoons, he could have legally multiplied his wealth many times over, legally.

Timothy Geithner: Making Executives Rich Again

Jane Hamsher, Firedoglake. March 23, 2009.

Geithner's new TALF plan seems designed to shovel billions into the coffers of the very same bankers who got rich on the mortgage bubble.

White People are Terrifying: 'Daily Show' Takes on 'New Face of Crime'

Alex Leo, Huffington Post. March 19, 2009.

Let's face it, white men in suits are terrifying.

Why the Global Economy Is a Ponzi Scheme and We Are All Bernie Madoffs

Joseph Romm, Climate Progress. March 10, 2009.

As Thomas Friedman agrees in the next article, we have constructed the grandest of Ponzi schemes by living off future generations.

A $50 Billion Con Job Rocks Wall Street

Danny Schechter, AlterNet. December 24, 2008.

Outlaws used to rob banks; now banks rob us. Meet the new poster boy for Wall Street excess and larceny.

Update: Romney Camp Responds to Ponzi Scheme Allegation

Lee Fang, December 31, 1969.

Shocking: JP Morgan Chase Was On to Madoff for Months, Kept Doing Business With Him

Lauren Kelley, December 31, 1969.