Entries Tagged as 'ponzi scheme'

A gigantic ponzi, average charter schools and wild inefficiency

July 2nd, 2010 82 Comments

Stacy Summary:  Some bigger picture stories to ponder over the weekend.  The common thread being that policy set by and for the oligarchy is invariably bad for the people. Credit crisis a ‘gigantic ponzi scheme, lies and fraud & the current financial ‘reform’ will do nothing to address On average, charter schools do no better [...]

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Artificial alpha & guaranteed returns

November 15th, 2009 146 Comments

Stacy Summary:    Casino meets Wall Street directed by Sergio Leone. Cattle rustling makes a comeback A bunch of Brits fall for guaranteed 20% return Ponzi scheme Artificial Alpha just too tempting in efficient markets

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Big time ponzi schemers find new jobs, small time ponzi scammer drives off cliff

May 17th, 2009 35 Comments

Stacy Summary:   The lesson is: If you are going to operate a ponzi scheme in America, you had better have enough money for all the political kickbacks needed to become ‘too big to fail’.  Otherwise, you might as well drive off a cliff now.  What do you think?   Bankers bounce back with new [...]

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Max Keiser Blog – The Old Lady keeping the poor poor, the rich rich

April 16th, 2009 17 Comments

In the US, the rhetoric damning the Federal Reserve Bank in Washington D.C. is well known to anyone who listens to Jim Rogers, Peter Schiff and the rest of the ‘hard money’ crowd that are enlisted by Bloomberg TV to point out the blindingly obvious to the deaf and dumb masses. But where is the [...]

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Headlines, Headlines, Headlines – 31 March 2009

March 31st, 2009 10 Comments

Stacy Summary:  As the tide goes further and further out we are seeing that the financial oligarchs are basically wearing the taxpayers’ bathing suits, leaving us naked and exposed.  Probably explains our shocked collective embarrassed silence as more and more and more and more money gets handed calmly to the oligarchs. The next bailout?  The [...]

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Headlines, Headlines, Headlines – 28 March 2009

March 28th, 2009 9 Comments

Funny AIG commercials that might just explain how the butterfly flapping its Collateralized Debt Swap wings turned into the hurricane on Wall Street.  More evidence of London having operated as the global money laundering centre for corrupt bankers, derivative wielding insurance execs and influential Ponzi scheme operators.  And while the UK confronts a future of [...]

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