Podcast of the Day- Ponzi’s Scheme

ponzibook.jpg
Ponzi's Scheme: The True Story of a Financial Legend
“Before Charles Ponzi (1882-1949) sailed from Italy to the shores of America in 1903, his father assured him that the streets were really paved with gold and that Ponzi would be able to get a piece. Mitchell Zuckoff, Professor of Journalism at Boston University and former reporter and Pulitzer Prize finalist for the Boston Globe, observes in his engaging and fast-paced biography, Ponzi learned as soon as he disembarked that though the streets were often cobblestone, he could still make a fortune in a culture caught in the throes of the Gilded Age. Learn about Ponzi's mercurial rise and fall as he conjured up one get-rich-quick scheme after another. Zuckoff reveals how the Boston Post uncovered this 'robbing Peter to pay Paul' system (as it was then known), and how Ponzi's life unraveled.”

Related;
Pyramid Scheme Warning (this post had generated some lively comments)

THE PERFECT MARK; How a Massachusetts psychotherapist fell for a Nigerian e-mail scam

Charles Ponzi, we hardly know ye

Common Fraud Schemes

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This page contains a single entry by Paul published on November 13, 2006 3:54 PM.

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