Ponzi's Scheme: The True Story Of A Financial Legend
Format: kindle
ASIN: B000FCJZLI
Pages no: 416
Edition language: English
There is something almost admirable about the charming rouge who swindled the people of Boston out of millions in the 1920's. Zuckoff does a fine job of conveying why so many people risked their life savings on Ponzi's irrational promises of easy money. On some level Ponzi seems to have believed h...
It seems appropriate to finish this book a day after Madoff was sentenced to 150 years. The parallels to today's economic crash and Madoff are striking. A charismatic personality, connections with those in power, "too big to fail syndrome," a gullible and avaricious public coupled with an adoring m...