TIM timbercorp limited
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finally, it's a ponzi !, page-3

  1. zwu
    2,454 Posts.
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    03/09/09
    23:05
    Post #: 5595953
    Joewolf,

    Don't know whether the accountants were stupid or not, but if they did "ring fence the funds and only release them upon completion certificates much as with building works", then they couldn't con money from the public any more and the whole PONZI scheme would have collapsed many years ago.



    TIM Price at posting: 4.4¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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