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1860s. Jacob Young, William Abrams, and Nancy Clem ran what author Wendy Gamber argues, in her book The Notorious Mrs. Clem: Murder and Money in the Gilded Age, was the first-ever Ponzi scheme. [ 1][ 2] In Munich, Germany, Adele Spitzeder founded the "Spitzedersche Privatbank" in 1869, promising an interest rate of 10 percent per month.
Frozen orange juice has experienced the biggest drop in sales, falling 39% to $98 million since 2012, compared to a 10% drop to $3.1 billion for refrigerated orange juice in the same period.
The Madoff investment scandal was a major case of stock and securities fraud discovered in late 2008. [ 1] In December of that year, Bernie Madoff, the former Nasdaq chairman and founder of the Wall Street firm Bernard L. Madoff Investment Securities LLC, admitted that the wealth management arm of his business was an elaborate multi-billion ...
While around 40% of millennials said they are forgiving of colleagues running 10 minutes behind schedule, this dropped to just 26% for Generation X and 20% for baby boomers.
ILOVEYOU, sometimes referred to as the Love Bug or Loveletter, was a computer worm that infected over ten million Windows personal computers on and after 5 May 2000. It started spreading as an email message with the subject line "ILOVEYOU" and the attachment "LOVE-LETTER-FOR-YOU.TXT.vbs". [ 1] At the time, Windows computers often hid the latter ...
The Associated Press. July 5, 2024 at 3:55 PM. Hamas says amendments it proposed to the most recent U.S. plan for a cease-fire in Gaza “have been met with a positive response by the mediators ...
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