Quantcast

The Money Blogs is the source for Blogs about the latest financial and stock market news with rss feeds

ponzi schemes

Stock Investing > Mishs Global Economic Trend Analysis

Geithner's Illegal Money-Laundering Scheme Exposed; Harry Markopolos Says “Don’t Trust Your Government”

Mike Shedlock | Wed, 03/03/2010 - 3:00pm | AIG, Bernie Madoff, Harry Markopolis, money laundering, ponzi schemes, SEC, Tim Geithner |  Add a comment

Here are a couple of unrelated stories, one on Harry Markopolos, the man who on 4 occasions tried to convince the SEC of Bernie Madoff's Ponzi scheme, the second on how Geithner used a fictitious "Trust" to accomplish an illegal takeover of AIG. ... Read the full post ... Read more

Stock Investing > Mishs Global Economic Trend Analysis

Beware the Taxpayer Bailout of Underfunded Teamsters Pension Funds

Mike Shedlock | Tue, 12/22/2009 - 12:49pm | bailout, pension obligations, pention scheme, pentions and ponzies, ponzi schemes, YRC |  4 comments

This was going to be a "quick" post on the pending bankruptcy of YRC, the nation's largest trucking company. Instead, I have been digging around for several hours as the story morphed into a spiderweb of pension obligations culminating in a Ponzi scheme sponsored by representative Pomeroy ... Read more

Personal Finance > Don't Mess With Taxes

The Ballad of Bernie Madoff

Kay Bell | Mon, 03/02/2009 - 10:15am | Bernie Madoff, checking your credit, credit monitoring, credit reports, ponzi schemes |  6 comments

I love that this Ballad of Bernie Madoff video uses as its template one of the TV commercials about checking your credit reports. Speaking of credit reports, it's a great idea to check your information each year. Even if you don't fall for a scam or a Ponzi scheme like Madoff ... Read the fu ... Read more