Word: ponzis
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Dates: during 2000-2009
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...lawsuits indicates that many new recruits wound up on syndicates that were heavily exposed to asbestos claims, allowing key insiders--including Murray Lawrence, a future chairman of Lloyd's, who would serve from 1988 to 1990--to quietly lay off their own risks. "It has been a classic Ponzi scheme, in my opinion," British investor John Finlay told a House of Commons committee...
...premise of this would-be son of Forrest Gump is an idealistic Ponzi scheme. The receiver of a good deed must do good deeds for three other people. They, in turn, must benefit a total of nine. Before long, millions are doing unto others, assuming Saddam Hussein and his like are kept out of the loop. It's an appealing idea but--sorry to be a meanie--seriously stunted. Hyde tells far more than she shows. A plodding love affair, tinny dialogue and awkward symbolism don't help. It's as if the novelist had ceded her imagination...