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Ponzi Scheme

Ann Pettifor on Carillion: ‘a grand Ponzi scheme’

January 20, 2018 By Useful Ideas Project Leave a Comment

Carillion

In a recent interview Ann Pettifor, global financial analyst, spoke about the corrupted crony capitalism that led to the collapse of Carillion, a major Government contractor. Ann Pettifor: "For me this is a story of how hypocritical the whole free market theory is. These are guys who really don't want to play the free market game which involves risk. "What is exciting about … [Read more...] about Ann Pettifor on Carillion: ‘a grand Ponzi scheme’

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