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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: tejek who wrote (174305)12/29/2008 3:49:50 PM
From: neolibRead Replies (2) of 306849
 
I've heard this before. I don't get how that's fair.

Why not? It is a protection to encourage people not to play with Ponzi schemes. If such a law didn't exist, then the only problem with a Ponzi scheme is being one of the suckers still holding at the end. This leaves the early players on the hook as well.
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