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Word: pyramidal (lookup in dictionary) (lookup stats)
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Some Boston College students have raided their local Baybank machines, this past week, throwing more than $60,000 into a student organized, get-rich-quick pyramid scheme which has netted up to $6000 for some lucky students in a matter of days...

Author: By Matthew Snyder, | Title: B.C. Reinvents Pyramid Hustle | 4/2/1985 | See Source »

Massachusetts law punishes pyramid participants under laws against gambling with a $3000 fine or three years in jail...

Author: By Matthew Snyder, | Title: B.C. Reinvents Pyramid Hustle | 4/2/1985 | See Source »

Philip M. Heilbron, a B.C. senior who made "a little bit of money" in the pyramid schemes, said the schemes investors make profits by capitalizing on an ever-increasing participation. He said that a student starts the scheme by attracting eight investors to form at three-tier pyramid, while the student at the top collects $100 from each of those beneath him. The eight then form pyramids under themselves, he said...

Author: By Matthew Snyder, | Title: B.C. Reinvents Pyramid Hustle | 4/2/1985 | See Source »

Though the pyramids began in late February, the most furious activity occured last weekend, prompting the formation of RAPP, the Revolutionary Anti-Pyramid People's Party...

Author: By Matthew Snyder, | Title: B.C. Reinvents Pyramid Hustle | 4/2/1985 | See Source »

...degree of microscopic control maintained at the top of that pyramid is almost beyond Western comprehension. In 1983, for example, a published summary of one Politburo meeting revealed that, among other things, the members of the Soviet Union's supreme decision-making body had considered whether to lower the price of fur collars on winter overcoats. They decided that the Council of Ministers should take swift action. A few days later, a decree cut the prices of the collars...

Author: /time Magazine | Title: Taking on the Bureaucracy | 3/25/1985 | See Source »

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