You’ve heard of the scheme. Now comes the man behind it. In Mitchell
Zuckoff's exhilarating book, the first nonfiction account of Charles
Ponzi, we meet the charismatic rogue who launched the most famous and
extraordinary scam in the annals of American finance. It was a time
when anything seemed possible–instant wealth, glittering fame,
fabulous luxury–and for a run of magical weeks in the spring and
summer of 1920, Charles Ponzi made it all come true. Promising to
double investors’ money in three months, the dapper, charming Ponzi
raised the “rob Peter to pay Paul” scam to an art form and raked
in millions at his office in downtown Boston. Ponzi’s Scheme is the
amazing true story of the irresistible scoundrel who launched the most
successful scheme of financial alchemy in modern history–and uttered
the first roar of the Roaring Twenties. Ponzi may have been a
charlatan, but he was also a wonderfully likable man. His intentions
were noble, his manners impeccable, his sales pitch enchanting. Born
to a genteel Italian family, he immigrated to the United States with
big dreams but no money. Only after he became hopelessly enamored of a
stenographer named Rose Gnecco and persuaded her to marry him did
Ponzi light on the means to make his dreams come true. His true motive
was not greed but love. With rich narrative skill, Mitchell Zuckoff
conjures up the feverish atmosphere of Boston during the weeks when
Ponzi’s bubble grew bigger and bigger. At the peak of his success,
Ponzi was taking in more than $2 million a week. And then his house of
cards came crashing down–thanks in large part to the relentless
investigative reporting of Richard Grozier’s Boston Post. In
Zuckoff's hands, Ponzi is no mere swindler; instead he is appealing
and magnetic, a colorful and poignant figure, someone who struggled
his whole life to attain great wealth and who sincerely believed–to
the very end–that he could have made good on his investment promises
if only he’d had enough time. Ponzi is a classic American tale of
immigrant life and the dream of success, and the unexpectedly moving
story of a man who–for a fleeting, illusory moment–attained it
all.
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The True Story of a Financial Legend
Product details
ISBN
9781588364487
Published
2017
Publisher
Random House Digital Inc.
Language
Product language
Engelsk
Format
Product format
Digital bok
Author