Conference Paper: Is There a Ponzi Scheme at the Central Bank of Lebanon?
December 10, 2020
Ms. Gina Chammas’s presentation discusses whether there is a Ponzi scheme at the Central Bank of Lebanon or not based on discussing the CBL audited financial statements and the audit report of the year ended December 31, 2018. In addition, Ms. Chammas discusses the Ponzi scheme news presented in The Economist magazine on August 6, 2020, and what the President of France said about the Ponzi scheme of the financial system of Lebanon.
The following are selected resources used in the presentation:
August 6, 2020
The Economist
No way to run a country
A big blast should lead to big change in Lebanon
https://www.economist.com/leaders/2020/08/06/a-big-blast-should-lead-to-big-change-in-lebanon
September 29, 2020
Financial Times,
Lebanese bankers plead their case to some new sheriffs
A visit to Paris by representatives of the country’s powerful banking lobby shows how far financiers have fallen
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Originally published at https://blog.theaaci.com on December 10, 2020.
