Quote:
Originally Posted by woj
fact is that 1 billion of imaginary wealth was created, which is as real as the $$$ amounts on quarterly statements that Maddof sent to his investors...  |
absolutely agree. that does not make it a ponzi scheme. the nyse runs on rumor, from what i've read, it's a gossip circle on wall street. in that sense, certainly the stock market is the same sort of exchange.
