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**kavaTeexy** · 12-20-2008, 05:34 PM

Word of mouth, no details, a friendly face, an atrocious -basically nonexistent- regulation oversight and most importatly the illusion to many of the worlds riches folks that you just cannot be rich enough propelled this ripoff juggernaut.

Then, early on Dec. 10, he shocked his sons by suggesting that the firm pay out several million dollars in bonuses two months ahead of schedule. When pressed by his sons for a reason, he grew agitated and insisted that they all leave the office and continue the conversation at his apartment on East 64th Street.
It was there, at midmorning, that he told his sons that his business was “a big lie” and, “basically, a giant Ponzi scheme.” There was nothing left, he told them — and he fully expected to go to jail.
Copyright 2008 The New York Times Company

Nothing left except for those sacred bonuses....effing everyone till the bitter end.

12-20-2008, 05:34 PM	#2
kavaTeexy Join Date Oct 2005 Posts 420 Senior Member	Word of mouth, no details, a friendly face, an atrocious -basically nonexistent- regulation oversight and most importatly the illusion to many of the worlds riches folks that you just cannot be rich enough propelled this ripoff juggernaut. Then, early on Dec. 10, he shocked his sons by suggesting that the firm pay out several million dollars in bonuses two months ahead of schedule. When pressed by his sons for a reason, he grew agitated and insisted that they all leave the office and continue the conversation at his apartment on East 64th Street. It was there, at midmorning, that he told his sons that his business was “a big lie” and, “basically, a giant Ponzi scheme.” There was nothing left, he told them — and he fully expected to go to jail. Copyright 2008 The New York Times Company Nothing left except for those sacred bonuses....effing everyone till the bitter end.
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