Quote from: JoelKatz on September 06, 2012, 03:01:33 AM

Quote from: Scott J on September 06, 2012, 02:28:46 AM

How can you not understand that it is possible to earn more than 1% a week, making paying out such an amount profitable?

Not profitable compared to not paying out such an amount.

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As well as people paying high interest rates for loans, look at the dividend yields here: http://www.stochastically.com/

Please show me something that we know is not a Ponzi scheme that has consistently paid out 1%/week or more at low risk.

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It's possible some of the deposit schemes are run as ponzis or are some other sort of scam, but to go after Patrick is crazy.

It's not just that it's possible, no other explanation is known.

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I am honestly upset at the way this forum is going. Healthy criticism is good, but the recent discourse is far from that.

Can you explain why a person with the incredible financial wisdom needed to make that much money would nevertheless be idiotic enough to borrow money at about the highest imaginable rates? The only known explanation for needing so much of other people's money is a Ponzi scheme.

I agree that the recent discourse is far from healthy criticism. If you have any better ideas, I'm willing to listen. But I fear nothing will work and people will invest in obvious scams no matter what anyone says.

Not patrick, but how about looking at BDK's financials.. Very believable 1%/week.

https://docs.google.com/spreadsheet/pub?key=0Ao892S4MOoDZdGZSbjJVd1ZTbFVLZE5aRE95bE91NVE&gid=21