ponzi scheme

A lunchtime article I thought was very worth reading, probably one of the best opinion pieces I have come across since I started reading the NYTimes and WaPo with any regularity.

Just a taste:

But think: Was there a better Ponzi scheme than the one that ensnarled countless underfinanced homeowners? Who has gone to jail? Nobody. Who has paid back the huge amounts of money made in financial services? Nobody. Where's the former financial genius who has vowed to return his bonus -- or donate it to charity -- because he was overseeing a huge dream factory that produced nothing more than a stack of three-dollar bills as high as the sky? "Here, sorry, I didn't earn it." Words you will never hear.

Very well done, Mr. Cohen