US government responsible for so-called gambling Ponzi scheme

posted by
September 22, 2011
by Michelle Minton  
Posted in Commentary

"This week U.S. investigators accused Full Tilt, the online gambling website, which was shut down during the black Friday raids of being a 'Ponzi scheme.' While it is true that the Full Tilt management team lied to their customers and certainly mismanaged company funds, they are not a Ponzi scheme. Furthermore, it is important to remember that one poorly managed company should not condemn an entire industry just as one bad person is no reason to condemn an entire group of people." (09/21/11)  

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