The StockTwits stream went bizzonkers this morning with the news that $GS is being charged with fraud by the SEC. Here’s today’s morning buzz:
Tagged: $IBM
'Too Slick to Succeed?'…Not In America Baby!
Ponzi schemes are at all-time highs according to the Associated Press . Ponzi schemes, named for infamous swindler Charles Ponzi, are extremely simple: Investors attracted by promises of high profits are paid with money from an ever-increasing pool of new investors, with the scammer skimming off the top. Sometimes the investments are at least partially …