Judge OKs payouts for Ponzi scheme victims - Buffalo News
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 Buffalo News | Judge OKs payouts for Ponzi scheme victims Buffalo News For victims of one of biggest Ponzi schemes in recent memory, real justice means getting back some of the $25 million stolen from them. A federal judge recently paved the way for the Securities and Exchange Commission to pay out $6.2 million to people ... |
Published on Tuesday 22nd of May 2012 07:55:22 AM
Book Review: Thieves of Bay Street, by Bruce Livesey - National Post
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 National Post | Book Review: Thieves of Bay Street, by Bruce Livesey National Post Low interest was the double whammy to honesty, for it drove retired people to seek income from ever riskier investments, such as mortgage derivatives, created an environment for Ponzi schemes to flourish and made it easier to borrow money to buy stocks ... |
Published on Tuesday 22nd of May 2012 07:55:22 AM
The True Costs of Bank Crises - CounterPunch
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The True Costs of Bank Crises CounterPunch What makes use of this model so questionable is that both of these assumptions are behind every spectacular financial collapse in modern history that didn't involve outright theft (eg Ponzi schemes). Ultimately the particulars of JP Morgan's losses are ... |
Published on Tuesday 22nd of May 2012 07:55:22 AM
CONGRESSIONAL TESTIMONY: OVERSIGHT OF THE FEDERAL BUREAU OF INVESTIGATION - The Cypress Times
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CONGRESSIONAL TESTIMONY: OVERSIGHT OF THE FEDERAL BUREAU OF INVESTIGATION The Cypress Times With the collapse of the housing market, we have seen an increase in schemes aimed at distressed homeowners, such as loan modification scams and phony foreclosure rescues. So- called “rescue services” claim they can expose errors by lenders that might ... |
Published on Tuesday 22nd of May 2012 07:55:22 AM
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