Long booms tended to result in excessive risk-taking and "Ponzi finance", where investors buy assets with borrowed money in the hope of quick capital gains.

长时间的繁荣将导致过分的风险承担以及“旁氏金融”，投资者用借来的钱购买资产以期获得短期资本利得。

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Widely touted as the biggest Ponzi scheme in history, Bernard "Bernie" Madoff lured wealthy investors with promises of high returns only to siphon away funds to finance his own lavish lifestyle.

在这个号称史上最大的庞氏骗局中，伯纳德（伯尼）·麦道夫以高回报的承诺引诱富有的投资者，却抽走资金用于自己奢华的生活。

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Sullivan II, who are accused of running their Bridge Premium Finance as a Ponzi scheme by paying high promised returns to investors by duping others to put their money into the insurance premium-finance firm.

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