作者：韦忠和 这几天新闻上出现很常见的一个词：Ponzi scheme。美国华尔街传奇人物、纳斯达克股票市场公司前董事会主席伯纳德·麦道夫11日晨因涉嫌“庞氏骗局”证券欺诈遭警方逮捕。检察人员指控他通过操纵一只对冲基金给投资者损失大约至少500亿美元。 Ponzi scheme 到底是怎么回事呢？查了相关资料，解释如下： A Ponzi scheme is a fraudulent investment operation that involves paying abnormally high returns to investors out of the money paid in by subsequent investors, rather than from the profit from any real business. It is named after Charles Ponzi. A Ponzi scheme has similarities with a pyramid scheme though the two types of fraud are different. It usually offers abnormally high short-term returns in order to entice new [...]