Monday, January 5, 2009

deadcorp salutes Charles Ponzi

Whether it's Abraham Kennard, fleecing Baptists ministers and Non-profits of hard won dollars or Bernard L Madoff scamming Wall Street, Banks and Country clubs out of Millions, the Ponzi Scheme is alive and well in America. One wonders if Charlie had any idea that con that bears his name would still be raking in untold billions of dollars and wreaking untold havoc upon hapless individuals and greedy speculators. Now, by comparison, people like Bernie Madoff make Ponzi look like an amateur, the fact we still label pyramid schemes by one of it's most colorful perpetrators says something about our need to put a face to things. Charles Ponzi, we salute you(just don't manage our investments).

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