Charles Ponzi and the Ponzi Scheme: The History and Legacy of 20th Century America's Most Famous Con Artist
ISBN: 9781691243136
*Includes pictures
*Includes a bibliography for further reading
“I went looking for trouble, and I found it.” – Charles Ponzi
Though few people are familiar with the story of his life, Charles Ponzi’s name is almost instantly recognizable thanks to the famous financial scandal named after him. This is somewhat ironic because, while his last name has become synonymous with financial scandal and many recognize how a Ponzi scheme works, some have argued that Ponzi really did not know what he was doing while it was taking place. When reading many of the books and articles written about him, it does seem as though Ponzi believed he would be able to pay back his investors at one point or another.
In fact, the scheme that Ponzi created was not a new one – it was historically known as “robbing Peter to pay Paul” - but Ponzi became famous for it because he was able to create a scam in this way on a massive scale. When he was finally caught, it led to the investigation and collapse of several estates and banks, and Massachusetts subsequently found itself in a banking crisis. Moreover, one of the most interesting aspects of the affair is that people from many different social backgrounds and classes were affected by Ponzi’s scandal. He took money from teenagers who had savings as low as $20, and he also took millions from New York City’s elite.
*Includes a bibliography for further reading
“I went looking for trouble, and I found it.” – Charles Ponzi
Though few people are familiar with the story of his life, Charles Ponzi’s name is almost instantly recognizable thanks to the famous financial scandal named after him. This is somewhat ironic because, while his last name has become synonymous with financial scandal and many recognize how a Ponzi scheme works, some have argued that Ponzi really did not know what he was doing while it was taking place. When reading many of the books and articles written about him, it does seem as though Ponzi believed he would be able to pay back his investors at one point or another.
In fact, the scheme that Ponzi created was not a new one – it was historically known as “robbing Peter to pay Paul” - but Ponzi became famous for it because he was able to create a scam in this way on a massive scale. When he was finally caught, it led to the investigation and collapse of several estates and banks, and Massachusetts subsequently found itself in a banking crisis. Moreover, one of the most interesting aspects of the affair is that people from many different social backgrounds and classes were affected by Ponzi’s scandal. He took money from teenagers who had savings as low as $20, and he also took millions from New York City’s elite.
It Was All a Lie: How the Republican Party Became Donald Trump
"In his bare-knuckles account, Stevens confesses to the reader that the entire apparatus of his Republican Party is built on a pack of lies... This reckoning inspired Stevens to publish this blistering, tell-all history... Although this book will be a...
$27.00
$22.00
American Psychosis: A Historical Investigation of How the Republican Party Went Crazy
“David Corn’s AMERICAN PSYCHOSIS is essential reading for anyone hoping to restore political sanity in America. He argues convincingly that the toxic brew of bigotry, conspiracy theories, and lies that define Trumpism started long before Trump. Corn chronicles the Republican...
$30.00
$24.95
A Black Patriot
Publisher : African Tree Press (May 20, 2017) Language : English Paperback : 88 pages ISBN-10 : 164093006X ISBN-13 : 978-1640930063 Item Weight : 5.9 ounces Dimensions : 5.5 x 0.22 x 8.5...
$14.00
$9.80
They Want to Kill Americans: The Militias, Terrorists, and Deranged Ideology of the Trump Insurgency
New York Times bestselling author, Malcolm Nance, offers a chilling warning on a clear, present and existential threat to our democracy… our fellow Americans“Malcolm Nance is one of the great unsung national security geniuses of the modern era." ―Rachel MaddowTo varying...
$29.99
$27.99
Battle for the American Mind: Uprooting a Century of Miseducation
#1 NEW YORK TIMES BESTSELLER! FOX News host Pete Hegseth is back with what he says is his most important book yet: A revolutionary road map to saving our children from leftist indoctrination. Behind a smokescreen of “preparing students for the...
$28.99
$26.99
Thank You for Your Servitude: Donald Trump's Washington and the Price of Submission
“He’s one of the best chroniclers of politics today.” –Jake Tapper“This is a really funny book.” –Kara Swisher“His writing is so damn good.” –John Berman“Really fascinating...There are so many revelations.” –Anderson Cooper“The new must read summer book.” –Stephanie RuhleFrom the...
$30.00
$28.00
The Peshtigo Fire of 1871: The Story of the Deadliest Fire in American History
*Includes pictures*Includes witness accounts of the fire*Includes a bibliography for further reading “Why is this story not known? You see endless stories about Johnstown. What happened at Peshtigo makes Johnstown look like a birdbath." – Bill Lutz, co-author of Firestorm...
$9.99
The Perfect Storm of 1991: The Story of the Nor'easter that Sank the Andrea Gail
"The technical name for the new storm was a 'midlatitude cyclone.' The people in its path, however, would later call it the No Name Hurricane, since it had all the force of a hurricane, but was never officially designated as...
$7.99