Lyt når som helst, hvor som helst

Nyd den ubegrænsede adgang til tusindvis af spændende e- og lydbøger - helt gratis

  • Lyt og læs så meget du har lyst til
  • Opdag et kæmpe bibliotek fyldt med fortællinger
  • Eksklusive titler + Mofibo Originals
  • Opsig når som helst
Start tilbuddet
DK - Details page - Device banner - 894x1036

Charles Ponzi and the Ponzi Scheme: The History and Legacy of 20th Century America’s Most Famous Con Artist

7 Anmeldelser

4

Længde
1T 13M
Sprog
Engelsk
Format
Kategori

True Crime

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.

Ponzi’s scheme involved scamming investors by promising them a bigger return on their investments than was actually possible. Every investor’s money would just be put into a large pool to pay back past investors, and while Ponzi was hardly the first person to engage in such a scheme, the 1920s were ripe for this kind of financial conning. The Roaring Twenties became famous for frivolity, flappers, and Prohibition. Famously depicted in F. Scott Fitzgerald’s The Great Gatsby, life after World War I in America was a time of great spending, and people believed that it as possible for them to make great fortunes, no matter what their social background was.

© 2020 Charles River Editors (Lydbog): 9781094200491

Release date

Lydbog: 11. marts 2020

Andre kan også lide...

  1. Flash Crash: A Trading Savant, a Global Manhunt and the Most Mysterious Market Crash in History Liam Vaughan
  2. Bad Blood: Secrets and Lies in a Silicon Valley Startup John Carreyrou
  3. Den of Thieves James B. Stewart
  4. The Innovators: How a Group of Hackers, Geniuses, and Geeks Created the Digital Revolution Walter Isaacson
  5. The Road to Jonestown: Jim Jones and Peoples Temple Jeff Guinn
  6. Manson: The Life and Times of Charles Manson Jeff Guinn
  7. Don't Fall For It: A Short History of Financial Scams Ben Carlson
  8. Mindhunter: Inside the FBI's Elite Serial Crime Unit John E. Douglas
  9. The New Confessions of an Economic Hit Man John Perkins
  10. Say Nothing: A True Story Of Murder and Memory In Northern Ireland Patrick Radden Keefe
  11. Titan: The Life of John D. Rockefeller, Sr. Ron Chernow
  12. Madoff Talks: Uncovering the Untold Story Behind the Most Notorious Ponzi Scheme in History Jim Campbell
  13. Energy and Civilization: A History Vaclav Smil
  14. Empire of Deception: The Incredible Story of a Master Swindler Who Seduced a City and Captivated the Nation Dean Jobb
  15. The Iceman: The True Story of a Cold-Blooded Killer Anthony Bruno
  16. The Rise and Fall of the Third Reich: A History of Nazi Germany William L. Shirer
  17. Green River, Running Red Ann Rule
  18. The Darkening Age: The Christian Destruction of the Classical World Catherine Nixey
  19. Black Mass: Whitey Bulger, the FBI, and a Devil's Deal Dick Lehr
  20. From Russia with Blood: Putin’s Ruthless Killing Campaign and Secret War on the West Heidi Blake
  21. Blow: How a Small-Town Boy Made $100 Million with the Medellín Cocaine Cartel and Lost It All Bruce Porter
  22. Five Families: The Rise, Decline, and Resurgence of America's Most Powerful Mafia Empires Selwyn Raab
  23. Victor Lustig: The Life and Legacy of the 20th Century’s Most Notorious Con Artist Charles River Editors
  24. The Final Days Bob Woodward
  25. Soapy Smith: The Life and Legacy of the Wild West's Most Infamous Con Artist Charles River Editors
  26. The Russian Revolution: History in an Hour Rupert Colley
  27. Mob Boss: The Life of Little Al D'arco, the Man Who Brought Down the Mafia Tom Robbins
  28. The Formation of the Federal Reserve: The Early History of America’s Central Banking System Charles River Editors
  29. The Guns of August Barbara W. Tuchman
  30. Nazi Billionaires: The Dark History of Germany's Wealthiest Dynasties David de Jong
  31. MBS: The Rise to Power of Mohammed Bin Salman Ben Hubbard
  32. Leonardo da Vinci Walter Isaacson
  33. The Great Escape: Health, Wealth, and the Origins of Inequality Angus Deaton
  34. Our Oriental Heritage: A History of Civilization in Egypt and the Near East to the Death of Alexander, and in India, China, and Japan from the Beginning to Our Own Day, with Will Durant
  35. The Intelligent Investor Benjamin Graham
  36. Freezing Order: A True Story of Russian Money Laundering, State-Sponsored Murder, and Surviving Vladimir Putin's Wrath Bill Browder
  37. The Last Days of Stalin Joshua Rubenstein
  38. Kleptopia: How Dirty Money is Conquering the World Tom Burgis
  39. Noise Daniel Kahneman
  40. The Theft of India : The European Conquests of India, 1498-1765 Roy Moxham
  41. Forces of Nature Professor Brian Cox

Vælg dit abonnement

  • Over 600.000 titler

  • Download og nyd titler offline

  • Eksklusive titler + Mofibo Originals

  • Børnevenligt miljø (Kids Mode)

  • Det er nemt at opsige når som helst

Flex

For dig som vil prøve Mofibo.

89 kr. /måned
  • 1 konto

  • 20 timer/måned

  • Gem op til 100 ubrugte timer

  • Eksklusivt indhold hver uge

  • Fri lytning til podcasts

  • Ingen binding

Prøv gratis
Den mest populære

Premium

For dig som lytter og læser ofte.

129 kr. /måned
  • 1 konto

  • 100 timer/måned

  • Eksklusivt indhold hver uge

  • Fri lytning til podcasts

  • Ingen binding

Start tilbuddet

Unlimited

For dig som lytter og læser ubegrænset.

149 kr. /måned
  • 1 konto

  • Ubegrænset adgang

  • Eksklusivt indhold hver uge

  • Fri lytning til podcasts

  • Ingen binding

Start tilbuddet

Family

For dig som ønsker at dele historier med familien.

Fra 179 kr. /måned
  • 2-6 konti

  • 100 timer/måned pr. konto

  • Fri lytning til podcasts

  • Kun 39 kr. pr. ekstra konto

  • Ingen binding

2 konti

179 kr. /måned
Prøv gratis