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warrenrulez warrenrulez
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3 weeks ago
The attractiveness of a Ponzi pyramid scheme consists of

▸ convincing investors to invest in assets from which they will never receive a return.

▸ selling stocks with very high volatility to investors.

▸ convincing investors to invest and then declaring bankruptcy.

▸ attracting investors by giving them a high return using new subscribers' money.
Textbook 
Corporate Finance

Corporate Finance


Edition: 5th
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krissyc39krissyc39
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3 weeks ago
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warrenrulez Author
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3 weeks ago
This helped my grade so much Perfect
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this is exactly what I needed
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