{"id":613,"date":"2008-12-13T05:37:06","date_gmt":"2008-12-13T10:37:06","guid":{"rendered":"http:\/\/blogs.law.harvard.edu\/nesson\/?p=613"},"modified":"2008-12-14T08:19:49","modified_gmt":"2008-12-14T13:19:49","slug":"madoff","status":"publish","type":"post","link":"https:\/\/archive.blogs.harvard.edu\/nesson\/2008\/12\/13\/madoff\/","title":{"rendered":"madoff"},"content":{"rendered":"<p>so early investors take $50 billion from late investors, minus madoff&#8217;s company costs, philanthropy and what he took out for himself<\/p>\n<p>the early investors in ponzi schemes give them their credibility<br \/>\nothers are then let in on their profits and their cache<\/p>\n<p>jamaica has been similarly hit, with ponzi schemes styled for both rich and poor, <a href=\"http:\/\/www.jamaica-gleaner.com\/gleaner\/20071202\/focus\/focus1.html\">olints and  cash plus<\/a><\/p>\n<p>poor people put their savings in because they have no other way to make money<br \/>\nsame with rich people, sort of<\/p>\n","protected":false},"excerpt":{"rendered":"<p>so early investors take $50 billion from late investors, minus madoff&#8217;s company costs, philanthropy and what he took out for himself the early investors in ponzi schemes give them their credibility others are then let in on their profits and their cache jamaica has been similarly hit, with ponzi schemes styled for both rich and [&hellip;]<\/p>\n","protected":false},"author":370,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2178],"tags":[3890,3888,3889,3891],"class_list":["post-613","post","type-post","status-publish","format-standard","hentry","category-trust","tag-cash-plus","tag-madoff","tag-olints","tag-ponzi","p1","y2008","m12","d13","h00"],"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/archive.blogs.harvard.edu\/nesson\/wp-json\/wp\/v2\/posts\/613","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/archive.blogs.harvard.edu\/nesson\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/archive.blogs.harvard.edu\/nesson\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/archive.blogs.harvard.edu\/nesson\/wp-json\/wp\/v2\/users\/370"}],"replies":[{"embeddable":true,"href":"https:\/\/archive.blogs.harvard.edu\/nesson\/wp-json\/wp\/v2\/comments?post=613"}],"version-history":[{"count":0,"href":"https:\/\/archive.blogs.harvard.edu\/nesson\/wp-json\/wp\/v2\/posts\/613\/revisions"}],"wp:attachment":[{"href":"https:\/\/archive.blogs.harvard.edu\/nesson\/wp-json\/wp\/v2\/media?parent=613"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/archive.blogs.harvard.edu\/nesson\/wp-json\/wp\/v2\/categories?post=613"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/archive.blogs.harvard.edu\/nesson\/wp-json\/wp\/v2\/tags?post=613"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}