Not On Assignment

A journo's jottings under no deadline pressure (since Jan 1, 2010)

Quick definition

leave a comment »

Sometimes it takes the least amount of words to explain the most difficult of concepts.
Here is how Reuters recently defined a ‘Ponzi scheme’: A Ponzi scheme is one in which early investors are paid with money of new ones.

Advertisements

Written by Raju Bist

December 22, 2010 at 7:49 pm

Posted in Uncategorized

Tagged with ,

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: