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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: michael97123 who wrote (445730)	1/7/2009 1:37:04 PM
From: combjelly	Read Replies (1) \| Respond to of 1575583

"He probably started after the 2000 crash and the 2008 crash ended it." Probably. If you research the original Ponzi scheme, it actually started out as a legitimate business. But he started to get new investors faster than he could actually grow the business... It didn't help that he didn't mind playing fast and loose with the law. If I were to guess, Madoff was more impressed with his investment savvy than was justified and placed a bet. Unfortunately, he chose to use other people's money and...