Thursday, March 10, 2011

Charles Ponzi: Quote for March 10, 2011

Even if they never got anything for it, it was cheap at that price. Without malice aforethought I had given them the best show that was ever staged in their territory since the landing of the Pilgrims! It was easily worth fifteen million bucks to watch me put the thing over.
Charles Ponzi was the inventor of the "Ponzi Scheme." This is an illegal investment scheme where current investors pay the returns of earlier investors.