Word: ponzi
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...Pokemania, a multimedia and interactive barrage like no other before it, with children mesmerized into cataloging a menagerie of multiplicative monsters, with trading cards linked to games linked to television shows linked to toys linked to websites linked to candy linked back to where you started--a pestilential Ponzi scheme (see foldout graphic). Smelling profits, America's conglomerates have pokeyed up to cash in. Hasbro paid $325 million to market the toys. The WB network (owned by Time Warner, the parent company of this magazine) swept up exclusive rights to the top-rated animated TV series. Warner released the Pokemon...
...Comptroller of the Currency issued a warning that the bank was not authorized to operate on American soil. The bank shut down in the U.S. Now Patarkalishvili and several partners are being sued by two men who claim that Liberty, IBN and several other enterprises amounted to a Ponzi scheme in which they lost hundreds of thousands of dollars. And they claim in the suit that one of the partners, Robert Kay, told them Tony Rodham and President Clinton "were behind the [IBN] project and that Clinton was going to approach Russian President Boris Yeltsin personally" to support...
Rachael Heller, who once weighed in at 320 lbs., speaks intensely about her childhood, recounting how she selected her baby-sitting gigs according to who had the best-stocked refrigerator and explaining a lunch-trading Ponzi scheme she invented in third grade to score extra sandwiches. Basically she blames her jones for carbs as the cause of her unhappy past. "They have actually located what they call the carbohydrate-craving gene, which is on chromosome number 11, close to the alcoholism gene and the cocaine-addiction gene," she says, before taking a brief talking break to join her husband...
...clients the risks associated with this very risky business, but also have been arranging trader-to-trader loans, thus ensuring the flow of commissions while the trader, often, sinks deeper into debt. Such loans, said Massachusetts regulator William Galvin, are brokered "using the same rhetoric as bunko artists and Ponzi schemes...
...jabs, because you have given me an opportunity of spending an hour writing this letter. If you come over to Boston after I am out, I have a d___ good mind to buy you a drink. Two, if you can stand the gait. Will you libate with me? CHARLES PONZI Massachusetts State Prison Charlestown, Mass...