2006-07-14 00:42:26 · 14 answers · asked by Anonymous in Business & Finance ➔ Advertising & Marketing
The Y2K panic.
billions of dollars were spent to upgrade computers in North America alone,out of fear for something terrible.
Corporations, and Finanial institutions were told they could lose all data and risk losing fortunes if they didn't upgrade to Y2K compliant software.
Globally, trillions of dollars were spent on software that retails for about 50 bucks.
Imagine if the world invested that money on the poor?
2006-07-14 00:50:39 · answer #1 · answered by Anonymous · 0⤊ 0⤋
If you do not check a company before entering into a transaction, you could lose your money, time and credibility. Some widely used resources are the Better Business Bureau (www.bbb.org) and the national fraud center ( www.fraud.org) These days, you can easily find out more about a company using the internet in a few minutes. From a company's website, you can details about its ownership, how old the company really is and feedback from the company's customers.
You can find more detailed information about a company at http://tinyurl.com/gtb89
2006-07-14 20:59:56 · answer #2 · answered by comptermind 3 · 0⤊ 0⤋
Tom Cruise
2006-07-14 00:46:40 · answer #3 · answered by ♥Saffron♥Daydream♥ 3 · 0⤊ 0⤋
Social Security. The biggest Ponzi scheme in history. The sad thing is that people in my generation will be screwed.
2006-07-14 07:23:19 · answer #4 · answered by Anonymous · 0⤊ 0⤋
The pyramid scheme has to the one of the all time classic scams, and it is still going strong today, hooking hundreds of thosands of suckers around the world.
2006-07-14 00:46:20 · answer #5 · answered by WC 7 · 0⤊ 0⤋
Watergate
2006-07-14 00:45:32 · answer #6 · answered by john's brat 3 · 0⤊ 0⤋
Enron...we could go into conspiracy theories and politics, but the SCAM was Enron...Thanks for the 2 points
2006-07-14 00:46:49 · answer #7 · answered by Anonymous · 0⤊ 0⤋
Rumarqa's "Square Wheel Deal" of 11 B.C.
What a rip off.
2006-07-14 00:47:57 · answer #8 · answered by Sir J 7 · 0⤊ 0⤋
Enron. Took Millions from everybody they met.
2006-07-14 00:45:58 · answer #9 · answered by Tex2027 3 · 0⤊ 0⤋
The promise of 40 acres and a mule. We are still waiting...
2006-07-14 00:48:10 · answer #10 · answered by ohiodiva 3 · 0⤊ 0⤋