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Good Read

There has been a big scandal in US (around $50 billion), made by Bernard Madoff. It has been termed as a "Ponzi" scheme by news papers. So I searched on Wiki and got really nice set of articles. Here is the set:
http://en.wikipedia.org/wiki/Ponzi_scheme
http://en.wikipedia.org/wiki/Multilevel_pyramid_scheme
http://en.wikipedia.org/wiki/Greater_fool_theory
http://en.wikipedia.org/wiki/Keynesian_beauty_contest

Just realized that there was a "Ponzi" scheme in mumbai also, few years ago. Remember the "Sherekar" guy. Even my dad had invseted 1K Rs. in the scheme. He was lucky that he at least got the investment back.

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