From: J. R. Molloy (jr@shasta.com)
Date: Sat Jan 22 2000 - 15:57:24 MST
Hal Finney wrote,
>As people here noted, Ponzi schemes always end up crashing - usually just
>after YOU are invited to join (so you're the one who ends up holding the
>bag).
We know who ends up holding the bag when Ponzi schemes tumble (the last
investors to get out). We
know who ended up holding the bag when S&Ls crashed (the last investors to get
out). We know who
ended up holding the bag when HMOs failed last year (the last investors to get
out). Who will end up
holding the bag when the Market collapses? (Hint: the last investors to get
out.)
--J. R.
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