Tue 2009-04-21 00:00 EDT
by Tyler Durden; ``quants close out a majority of their intraday positions at the end of each trading day, meaning that the vanilla money is stuck as a hot potato bagholder to what can only be classified as an unprecedented ponzi scheme''
Black Swan; Incredibly shrinking Market liquidity; RGE; Upcoming Black Swan.
Tue 2009-04-21 00:00 EDT
by Leo Kolivakis; ``Both were claiming to run a core business when in reality they were fueling a Ponzi scheme using "sophisticated instruments" or "alternative investments" that threaten the security of the global financial system''
Mon 2009-04-06 00:00 EDT
ex-banking regulator William K. Black calls fraud: ``make really bad loans, because they pay better. Then you grow extremely rapidly, in other words, you're a Ponzi-like scheme. And the third thing you do is we call it leverage. That just means borrowing a lot of money, and the combination creates a situation where you have guaranteed record profits in the early years. That makes you rich, through the bonuses that modern executive compensation has produced. It also makes it inevitable that there's going to be a disaster down the road.''
Thu 2009-02-26 00:00 EST
8; Calculated Risk; Ponzi; SEC Charges Stanford; securities fraud.
Tue 2009-02-24 00:00 EST
Jesse's Café Américain: Markopolos Delivers Multiple Bombshells in Congressional Testimony; Madoff Ponzi scheme whistleblower Henry Markopolos
Congressional testimony; Jesse's Café Américain; Markopolos Delivers Multiple Bombshells.
Fri 2009-01-16 00:00 EST
Jesse's Café Américain: Dancing on a Precipice: The Tenuous Balance in Global Finance; ``The dollar is a Ponzi scheme, the waters of debt are overflowing the dam of artificial support, and only a few countries, two of them somewhat unstable, are holding back the deluge.''
dance; Global Finance; Jesse's Café Américain; precipice; Tenuous Balance.
Thu 2009-01-15 00:00 EST
Jesse's Café Américain: Former NASDAQ Chairman Charged in $50 Billion Ponzi Scheme; Bernard L. Madoff
50; Jesse's Café Américain; NASDAQ Chairman Charged; Ponzi Scheme.
Thu 2009-01-08 00:00 EST
The original investment scam, courtesy of the Founding Fathers. By Ruben Bolling. Founder's Ponzi
Mon 2008-12-15 00:00 EST
Bernie Madoff Ponzi scheme reviewed; ``emblematic of America since Reagan and the Great Leveraging. Something for nothing. Thank you Mr Laffer. But as a philosophy and modus operandi it is quite literally, bankrupt and without merit.''
Mon 2008-10-27 00:00 EDT
from comments, Goldman ``mostly running an enormous, albeit very successful, Ponzi scheme where they relied on new customers to pay off the old''
Sat 2008-05-17 00:00 EDT
Winter (Economic & Market) Watch >> Credit Cards: Terminal Ponzi Finance
credit cards; economic; Market; Terminal Ponzi Finance; watch; winter.
Thu 2008-04-10 00:00 EDT
Citi selling 12 billion leverage loans at big discount
Citigroup; Mish's Global Economic Trend Analysis; Ponzi Financing.
Wed 2008-03-26 00:00 EDT
Winter (Economic & Market) Watch >> Mad Max Check Out Time; "The lender of only resort to the shark in suits black box crony capitalists has caused quite a splash. It is clear to me that the Pig Men will line up around the block to get the kind of terms offered in the JPM-BSC Ponzi finance liquidation"
