2012年职称英语考试《综合类C级》考试真题_职称英语考试真题综合类

2012年职称英语考试《综合类C级》考试真题

might pay you$5 a year for every$100 you deposit．Ponzi，however，would pay you$40 a year for every$100you gave him to hold．Many people thought this was agood plan．They began to give their money to Ponzi．

How could Ponzi make so much money for people? This is what hedid with the money people gavc him：He used some of that money to payother people who gave him money．However，he also kept a lot of ttle money for himself．Soon he had $250 million．This was a kind oftheft，and it was against the law．The people who gave him their money didnt think anything was wron9．Ponzi paid thcm every month，just like a bank．Ponzi continued this way of working for two years．Then one day，he didnt have enough money topay all the people．They discovered his crime，and he went to prison for fraud．

Ninety years later，people began to hear about a businessman in NewYork named Bernard Mad off．People said he gave goodadvice about money．They said when they gave him theirmoney，he paid them a lot more than the bank．Madoff helped hospitals，schools，and individuals earn money．Over a period of40 years，people gave him $170 billion．However，no one investigated what he did withthe money．The people who gave Mad off their money alsodidnt think anything was wrong because he paid them every month．

One day，Mad off didnt have enough money to pay all thepeople he needed to pay．Thats when people discoveredhow Mad off worked：He was taking money from some peopleto pay other people，just the wav Charles Ponzi did．However，this time，insteadof losing millions of dollars，people lost billions．