If we think we have enough bad news from wallstreet. SEC is now investigating another min ponzi scheme. and few other in europe as well. hohohoho.. prepare for another rough ride ahead!!
Originally posted by reyes:If we think we have enough bad news from wallstreet. SEC is now investigating another min ponzi scheme. and few other in europe as well. hohohoho.. prepare for another rough ride ahead!!
ponzi is just introduction..and soon the scheme fever will spread to asia, and when all is over, someone is going make some money by writing some books on it. And life goes on.
no more econ mini mart liao..
in fact now, locally, we already see a mini ponzi going on with more to come..the Empire fund saga...follow by the empire strike back and so on....
this ponzi is related to financial institution. Funds of Funds.
the afterwave could be massive esp. investors confidence of investing.