David

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in the fall of 2009, armed with almost endless amounts of money, Low embarked on a period of incessant partying—and networking. Even after the payments to Obaid and others, hundreds of millions of dollars were just sitting in the Good Star account he controlled in Switzerland, for Low to deploy in any way he saw fit. There were no shareholders, no co-investors. His wasn’t a Ponzi scheme like Bernie Madoff’s, which used new money to pay “profits” to earlier investors.
Billion Dollar Whale: The Man Who Fooled Wall Street, Hollywood, and the World
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