Episode #243 - What Was Ponzi's Scheme? (Part II)

Episode #243 - What Was Ponzi's Scheme? (Part II)

0 Anmeldelser
0
Episode
292 of 294
Længde
1T 22M
Sprog
Engelsk
Format
Kategori
Historie

Charles Ponzi's remarkable rise and fall played out over the course of a wild eight month period. He went from being a failed importer-exporter mired in debt to Boston's most talked about self-made millionaire in a matter of weeks. After rebranding his company as the Securities Exchange Company, Ponzi started offering remarkable 50% returns to investors after only 90 days. But almost immediately Ponzi's plan to use postal coupons to game international exchange rates became impractical. But, instead of grabbing as much cash as he could and making a dash, Ponzi believed he could transform his scam into a legitimate business. Was Ponzi ever really serious about going straight? Tune-in and find out how the America's nation menace, Babe Ruth, and guy named Get-Rich-Quick Wallingford all play a role in the story.

Join us in Greece in 2026! Check out the itinerary and book HERE!

Check out the merch at out T-Public store HERE!

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.


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
Prøv nu
DK - Details page - Device banner - 894x1036
Cover for Episode #243 - What Was Ponzi's Scheme? (Part II)

Other podcasts you might like ...