Sentences with phrase «ordinary investors earned»

Not exact matches

And therefore it requires different tactics from that of the ordinary Ponzi scheme, such as offering returns only moderately above average, satisfying redemption requests promptly, turning down some would - be investors (it would be interesting to know whether there was a tendency to turn down investors who might prove nosy or suspicious), and trading on a reputation earned in a legitimate business (Madoff's business of market making).

In so doing, they allow the investor to pay tax on that income at a much lower tax bracket than would have been the case with ordinary earned income.