15 August 2012

POLAND : PM Tusk Hurt By Amber Gold Fund Collapse; Called Ponzi Scheme And Neglected Since 2009.

http://online.wsj.com/article/SB10000872396390444184704577589202876123794.html?mod=googlenews_wsj

      PM Donald Tusk is suddenly looking...very bad.
      His own son was mixed-up with the Amber Gold Fund...a so-called gold derivatives fund...that has collapsed...and some claim was nothing more than a pyramid or ponzi scheme.
      What can't be denied is that 50,000 investors are out...$24 million.
      Also troubling for Tusk...is that his government neglected to audit or punish the fund despite 3 years of lax conduct.