Fifty-two investors claim fund managers associated with supply-side economist Arthur Laffer took $3.1 million to prop up a Ponzi scheme, then said nothing as their money was "wasted with no reasonable expectation of recovery."Who wouldn't invest with Laffer? Look at his prescience on oil, stocks and gold five years ago. When he teams up with Kudlow, it's like an unbeatable tag-team.
Thursday, January 12, 2012
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