meeting feb 10, page-34

Hi PK

JK just has a bigger backyard to play in, I assume.

Maybe, but looking at the recent addition to the global corporate scrapheap, bigger isn't necessarily better :o)

In the 1920s, Ponzi ran what was the biggest pyramid scheme at the time to create the term Ponzi scheme. Madoff's 50bn giant pyramid scheme will probably result in the term being replaced by Madoff scheme. VPE holders should create the term JK scheme. Unlike the Ponzi/Madoff scheme - which pays early investor with money from new investors, the JK scheme simply reward themselves on a continuous basis without ever rewarding any investor!

618