What do you think of when you hear the phrase "Ponzi scheme"? For most of us, especially in this day and age, the story of Bernie Madoff comes to mind. In
Booster optimism, unregulated stock speculation, a culture of civic corruption, the power of new advertising media and the cunning of stock promoters fed the Julian Pete swindle a scandal that defrauded tens of thousands of investors of over $150 million.