Re: when it comes to being an amoral, soulless, degenerate, Russ G is second rate
- From: "BTSinAustin" <bts@xxxxxxxxxxxxxxxxxxxx>
- Date: Fri, 30 Dec 2005 04:28:55 GMT
"DP75089" <a165a@xxxxxxxxxxxxxxx> wrote in message
news:9qtd83xc5e.ln2@xxxxxxxxxxxxxxxx
> On Dec 29 2005 2:59 PM, SwampMidget wrote:
>
>> Jose Cabrera's sudden death sparked panic among thousands of people who
>> gave him a minimum of $10,000 each over two decades in exchange for up
>> to 10 percent monthly interest.
>
> That one doesn't make a bit of sense. Anyone getting that kind of
> interest would have already made a killing long ago, and could have kissed
> the original $10k goodbye without much thought.
>
>
Sounds like the old Ponzi Scheme. You use some of the money from new
investors to pay old investers. That makes it look ligit and gets more
investors.
http://www.sec.gov/answers/ponzi.htm
.
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