Ponzi's Scheme: The True Story of a Financial Legend

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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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ISBN:
9781588364487
9780739353868
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Grouped Work IDb28b8bd5-c1e5-5e7e-d1f2-2ef2afb277d5
Grouping Titleponzis scheme the true story of a financial legend
Grouping Authormitchell zuckoff
Grouping Categorybook
Grouping LanguageEnglish (eng)
Last Grouping Update2022-12-05 04:40:51AM
Last Indexed2022-12-05 05:12:30AM

Solr Fields

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author
Zuckoff, Mitchell
author_display
Zuckoff, Mitchell
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Online OverDrive Collection
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display_description
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.
format_addison
eAudiobook
eBook
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Audio Books
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b28b8bd5-c1e5-5e7e-d1f2-2ef2afb277d5
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9781588364487
last_indexed
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lexile_score
-1
literary_form
Non Fiction
literary_form_full
Non Fiction
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Online OverDrive
owning_library_addison
Addison Public Library Online
owning_location_addison
Online OverDrive Collection
primary_isbn
9781588364487
publishDate
2005
2006
publisher
Books on Tape
Random House Publishing Group
recordtype
grouped_work
title_display
Ponzi's Scheme The True Story of a Financial Legend
title_full
Ponzi's Scheme The True Story of a Financial Legend
title_short
Ponzi's Scheme
title_sub
The True Story of a Financial Legend
topic_facet
Biography & Autobiography
Business
Nonfiction
True Crime

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