What The Finance Is Up With Pyramid Schemes!?

whatthefinanceisupwithpyramidschemes No matter if it's a traditional pyramid scheme or a twist on the classic structure, however you cut it, the point of these "businesses" is to make money for the people at the top and leave everyone else with a lighter wallet.

Matt and Eddie first look at a pyramid scheme that they saw a lot of while they were in college. See if this sounds familiar to you.

Then the guys dive into multi-level marketing and the difference between these legitimate businesses and pyramid schemes. They also examine what's similar about them...

Lastly, the guys explore Ponzi schemes. They look at how people set them up, and, more importantly, how they fail. You can't talk about Ponzi schemes without looking at the Bernie Madoff.

All this and more in this week's podcast!