Charles Ponzi and the Ponzi Scheme: The History and Legacy of 20th Century America's Most Famous Con Artist Charles River Editors
Includes picturesIncludes a bibliography for further reading"I went looking for trouble, and I found it." - Charles PonziThough few people are familiar with the story of his life, Charles Ponzi's name…
Specifikacia Charles Ponzi and the Ponzi Scheme: The History and Legacy of 20th Century America's Most Famous Con Artist Charles River Editors
Includes picturesIncludes a bibliography for further reading"I went looking for trouble, and I found it." - Charles PonziThough 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