Everything2
Near Matches
Ignore Exact
Full Text
Everything2

Ponzi Scheme

created by Wedge.net

(idea) by Mark Forest (2.4 wk) (print)   ?   (I like it!) Wed Oct 03 2001 at 22:01:05

A "Get Rich Quick" scheme invented by Charles Ponzi.

Ponzi schemes are a little more subtle than pyramid schemes.

Investors are attracted via conventional methods. The schemer offers a reasonable guaranteed return on the investment, avoiding a "too good to be true" return. The return is paid directly from the funds collected by the initial investment-- but only for a time. The schemer eventually becomes a small dot on the horizon.

The Ponzi schemer aims to snare sensible, experienced investors, much like Scientology aims for dentists.

Sources: Kurt Vonnegut, Jr.'s Jailbird and an acquaintance of mine, currently living abroad under an assumed name. The bastard.


printable version
chaos

Charles Ponzi pyramid scheme AllAdvantage Scientology
Why politicians lie Worst ideas of the century Geometric Progression The ZZZZ Best Scam
Kurt Vonnegut, Jr. Bonzi scheme Get rich quick Jailbird
Muay Thai StockGeneration Securities Exchange Company Dentist
Debt as a form of inflation A Brief History of Everything zombie This disgusting arrangement, time and the end
The Freedom Ship Measuring time by setting fire to various things Primerica What Would Jackie Chan Do?
Y'know, if you log in, you can write something here, or contact authors directly on the site. Create a New User if you don't already have an account.
  Epicenter
Login
Password

password reminder
register

Everything2 Help

Cool Staff Picks
Just another sprinkling of indeterminacy
Pale Fire
A Man's Salad
Guidebook of Colored Ribbons
No Lever
Why was my writeup nuked?
Did Ronald Reagan end the Cold War?
The erotic tales of 'old McMurty': that weird kid's favourite dead dog
John Wayne Gacy, Jr.
Declawing your cat
Selection and care of kitchen knives
Amerika
Parkour
What do you hear in the silence?
New Writeups
Nadine_2
The Sound Of Madness(review)
Twin Eclipse
Conversations with God: An Uncommon Dialogue(idea)
SwimmingMonkey
Conversations with Fo Fo- the Loneliest dog in Purgatory(fiction)
locke baron
lynx(thing)
Simulacron3
Reality, Dimensions and the Natural Ontology(essay)
SubSane
Making Love to a 9-Foot Woman(person)
Ouzo
Thoughts(idea)
antigravpussy
I fall silent, listening. The breadcrumbs are talking about us(person)
calgon
Buffalo Bill by the pool(poetry)
gate
Anarchy is Order(idea)
ushdfgakjasgh
Scribeling(thing)
XWiz
Trism(review)
artman2003
Briefcase Full of Souls - Part I(fiction)
Dreamvirus
Alan Ladd(person)
waverider37
Harold Holt(person)
This affordable entertainment brought to you by The Everything Development Company