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India's Ponzi Rip Off

The collapse of bogus ponzi schemes in India has left millions of vulnerable investors stripped of their cash and resulted in many suicides. Why did they trust these products?

The collapse of bogus ponzi schemes in India has left vulnerable investors stripped of their life savings and has resulted in more than 80 suicides. Anu Anand reports on why people, who could not afford to lose out, have risked everything in a badly regulated and inadequately managed market.

We also hear from the Miele company boss Markus Miele about how keeping it in the family has enabled them to achieve efficiency and stability in a business that has survived over 100 years of technological change. And, Jeremy Wagstaff considers the moral hazard built into the driverless car.

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18 minutes

Last on

Tue 25 Nov 2014 16:05GMT

Broadcasts

  • Tue 25 Nov 2014 08:32GMT
  • Tue 25 Nov 2014 16:05GMT

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