i suspect he didn't start it as a Ponzi scheme, but ...

来源: panzerkom 于 2008-12-16 15:52:40 [] [博客] [旧帖] [给我悄悄话] 阅读数 : (134 bytes)
回答: 有人关心Madoff 丑闻吗？ 由 老忽 于 2008-12-16 13:19:00

he turned it into what it is now because of the market downturn and his own hubris, i.e. his promise of a steady return for investors.

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