Charles Ponzi's scheme

What people might picture when they think of "Made in America" ... might not look like the "Made in America" we have today.The U.S. does have a domestic manufacturing industry, including a garment manufacturing industry. In today's episode: We buy a garment made by factory worker ... Show More

Government. The Big G. We like to imagine the free market and the invisible hand as being independent from political influence. But Nobel laureate, Simon Johnson, says that influence has been there since the birth of economics. Call it political economy. Call it government and bu ... Show More

If we think about the economic effects of President Donald Trumps big taxing and spending and domestic policy bill, we can roughly sum it up in one line. It goes something like this: We will make many big tax cuts permanent and pay for those tax cuts by cutting Medicaid and a few ... Show More

Charles Ponzi didn't invent the Ponzi scheme. No, two women pioneered the con on both sides of the Atlantic decades before Ponzi struck. Remember folks, if returns on your investments seem too good to be true, they totally are.See omnystudio.com/listener for privacy information. 

He’s synonymous with fraud today, but the most famous scheme Charles Ponzi pulled in his lifetime was surprisingly short-lived.  Research: "Charles Ponzi Cheats Thousands in Investment Scheme, 1919-1920." Historic U.S. Events, Gale, 2012. Gale In Context: U.S. History, link.gale. ... Show More

Uncover the shocking story of Bernie Madoff's Ponzi scheme, the largest financial fraud in history, and its devastating consequences for investors, his family, and the SEC's credibility Learn more about your ad choices. Visit megaphone.fm/adchoices 

Due to the unfortunate spread of COVID-19, Parcast has decided to halt recording for the time-being. This is a precautionary measure taken to ensure the safety of our hosts and staff. In the meantime, we're excited to share one of our classic episodes that we know you'll enjoy! I ... Show More

In this podcast episode, Skip Montreux and Samantha Vega take a trip back in time to report on the 1920 financial scandal that rocked the US and gave us the term - Ponzi Scheme. Visit Apple Podcasts to subscribe to Down to Business English, rate the show, and leave a comment. Con ... Show More