Reply #46: See: Ponzi Scheme [View All]

[Hugin]

http://en.wikipedia.org/wiki/Ponzi_scheme

"A Ponzi scheme is a fraudulent investment operation that involves paying abnormally high returns ("profits") to investors out of the money paid in by subsequent investors, rather than from net revenues generated by any real business. It is named after Charles Ponzi."

"The system is doomed to collapse because there are little or no underlying earnings from the money received by the promoter. However, the scheme is often interrupted by legal authorities before it collapses, because a Ponzi scheme is suspected and/or because the promoter is selling unregistered securities. As more investors become involved, the likelihood of the scheme coming to the attention of authorities increases."

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Oh, and unless your name is one of those mentioned making Billions off of this mess. You're one of the "Subsequent
Investor Class". ;)