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(Axios)   Biggest ponzi scheme ever. Private equity where it's based: "Meh"   (axios.com) divider line
    More: Facepalm, Nuclear weapon, Arif Naqvi, Investment, Abraaj Capital, big takeaways, Wall Street Journal reporter, Alumni of the London School of Economics, request of law enforcement  
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1237 clicks; posted to Business » on 29 Nov 2021 at 6:03 PM (7 weeks ago)   |   Favorite    |   share:  Share on Twitter share via Email Share on Facebook



5 Comments     (+0 »)
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2021-11-29 4:53:45 PM  
*ctrl-f Bitcoin*... Nope... Not the biggest.
 
2021-11-29 6:45:26 PM  
The only way to get wealthy from PE funds is to own/work for one.
 
2021-11-29 6:48:07 PM  

koder: *ctrl-f Bitcoin*... Nope... Not the biggest.


This is an old school, Madoff style one. I can't find much sympathy for the clientele. The money laundering scheme went sideways.
 
2021-11-29 8:34:13 PM  
If impact investment made a profit it would not be impact investment, it would be normal investment.
 
2021-11-29 10:28:02 PM  

koder: *ctrl-f Bitcoin*... Nope... Not the biggest.


Bitcoin has purpose. Those other coins? They're Ponzi schemes.

/don't ask my Bitcoin's purpose, you can Google it - but Xi really hates it for some reason...
 
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