February 5, 2009

Crimes of Opportunity Need Banks of Opportunity

February 5th 2009

When Ponzi goes broke, sue his banker. Bank of America is being sued because one of its customers ran an Internet Ponzi scheme, which bilked hundreds of millions of dollars from innocent, though greedy, investors. The case alleges that BofA would have been in a position to prevent this fraud from spreading, if only they […]