Download or read book Ponzi s Scheme written by Mitchell Zuckoff and published by Random House Trade Paperbacks. This book was released on 2006-01-10 with total page 418 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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. At the peak of his success, Ponzi was raking in more than $2 million a week at his office in downtown Boston. Then his house of cards came crashing down–thanks in large part to the relentless investigative reporting of Richard Grozier’s Boston Post. A classic American tale of immigrant life and the dream of success, Ponzi’s Scheme is the amazing story of the magnetic scoundrel who launched the most successful scheme of financial alchemy in modern history.
Download or read book The Greatest Ponzi Scheme on Earth written by Les A. Rubin and published by Simon and Schuster. This book was released on 2024-03-19 with total page 105 pages. Available in PDF, EPUB and Kindle. Book excerpt: In The Greatest Ponzi Scheme on Earth, economist Dan Mitchell and entrepreneur Les Rubin give an in-depth look at how the US is headed toward a fiscal collapse if we do not course-correct and get government spending under control. Is the United States government running a Ponzi scheme? We have a massive federal debt because there is too much spending in Washington. Rather than try to solve our fiscal problems, however, politicians think the answer is to borrow more money. Sounds like a Ponzi scheme to us. In The Greatest Ponzi Scheme on Earth, economist Dan Mitchell and entrepreneur Les Rubin make the case that we, the American public, are being swindled by a federal government whose never-ending, out-of-control cycle of wasteful spending is putting our economic stability in grave peril. For the sake of our children’s children and the future of our country, it is time for us to pull in the reins and end the spend. What would happen if the world’s greatest economic powerhouse went bankrupt? Through real-world examples from home and abroad, Mitchell and Rubin take us on a crash course in economics, history, fiscal reality, and (most importantly) tried-and-true solutions. How do we fix Social Security, Medicare, and Medicaid? What kind of tax burden can the economy bear and still thrive? And what can I do about it? These questions should be on the mind of every American—and they are the beating heart of this book. Learn economics, get mad, and vote for fiscal responsibility. If you’re looking for a place to start, look no further. The important thing is that you start now. Your children’s children depend on it.
Download or read book Planet Ponzi written by Mitch Feierstein and published by Glacier USA INC. This book was released on 2012-02-02 with total page 413 pages. Available in PDF, EPUB and Kindle. Book excerpt: "As the global economy struggles to avoid meltdown, so the greatest Ponzi scheme in history approaches its final death rattle. Politicians have stood by and watched the financial industry create a massive overhang of debt, a mountain of low quality assets - and ultimately, an economic disaster which has dwarfed all others. The Eurozone crisis and the LIBOR manipulation scandal are just two symptoms of a much broader problem: one of vastly excessive debt, regulatory failure, a culture of deceit on Wall Street and the City of London, and governments that have promised their citizens far more than they can deliver"--Publisher.
Download or read book No One Would Listen written by Harry Markopolos and published by John Wiley & Sons. This book was released on 2011-02-08 with total page 382 pages. Available in PDF, EPUB and Kindle. Book excerpt: Harry Markopolos and his team of financial sleuths discuss first-hand how they cracked the Madoff Ponzi scheme No One Would Listen is the thrilling story of how the Harry Markopolos, a little-known number cruncher from a Boston equity derivatives firm, and his investigative team uncovered Bernie Madoff's scam years before it made headlines, and how they desperately tried to warn the government, the industry, and the financial press. Page by page, Markopolos details his pursuit of the greatest financial criminal in history, and reveals the massive fraud, governmental incompetence, and criminal collusion that has changed thousands of lives forever-as well as the world's financial system. The only book to tell the story of Madoff's scam and the SEC's failings by those who saw both first hand Describes how Madoff was enabled by investors and fiduciaries alike Discusses how the SEC missed the red flags raised by Markopolos Despite repeated written and verbal warnings to the SEC by Harry Markopolos, Bernie Madoff was allowed to continue his operations. No One Would Listen paints a vivid portrait of Markopolos and his determined team of financial sleuths, and what impact Madoff's scam will have on financial markets and regulation for decades to come.
Download or read book Bernie Madoff the Wizard of Lies written by Diana B. Henriques and published by Oneworld Publications. This book was released on 2011-08-18 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Based on award-winning reporter Diana Henriques' unprecedented access to Madoff, including extensive correspondence and his first interviews for publication since his arrest, "Bernie Madoff, The Wizard of Lies" is the ultimate true-life financial thriller.
Download or read book Too Good to Be True written by Erin Arvedlund and published by Penguin. This book was released on 2009-08-11 with total page 346 pages. Available in PDF, EPUB and Kindle. Book excerpt: The untold story of the Madoff scandal, by one of the first journalists to question his investment practices Despite all the headlines about Bernard Madoff, he is still shrouded in mystery. How did he fool so many smart investors for so long? Who among his family and employees knew the truth? The person best qualified to answer these questions is Erin Arvedlund. In early 2001, she was suspicious of the amazing returns of Madoff's hedge fund. Her subsequent article in Barron's could have prevented a lot of misery, had the SEC followed up. Arvedlund presents a sweeping narrative of Madoff's career-from his youth in Queens, New York, to his early days working for his fatherin- law, and finally to infamy as the world's most notorious swindler. Readers will be fascinated by Arvedlund's portrayal of Madoff, his empire, and all those who never considered that he might be too good to be true.
Download or read book American Kleptocracy written by Casey Michel and published by St. Martin's Press. This book was released on 2021-11-23 with total page 232 pages. Available in PDF, EPUB and Kindle. Book excerpt: A remarkable debut by one of America's premier young reporters on financial corruption, Casey Michel's American Kleptocracy offers an explosive investigation into how the United States of America built the largest illicit offshore finance system the world has ever known. "An indefatigable young American journalist who has virtually cornered the international kleptocracy beat on the US end of the black aquifer." —The Los Angeles Review of Books For years, one country has acted as the greatest offshore haven in the world, attracting hundreds of billions of dollars in illicit finance tied directly to corrupt regimes, extremist networks, and the worst the world has to offer. But it hasn’t been the sand-splattered Caribbean islands, or even traditional financial secrecy havens like Switzerland or Panama, that have come to dominate the offshoring world. Instead, the country profiting the most also happens to be the one that still claims to be the moral leader of the free world, and the one that claims to be leading the fight against the crooked and the corrupt: the USA. American Kleptocracy examines just how the United States’ implosion into a center of global offshoring took place: how states like Delaware and Nevada perfected the art of the anonymous shell company, and how post-9/11 reformers watched their success usher in a new flood of illicit finance directly into the U.S.; how African despots and post-Soviet oligarchs came to dominate American coastlines, American industries, and entire cities and small towns across the American Midwest; how Nazi-era lobbyists birthed an entire industry of spin-men whitewashing trans-national crooks and despots, and how dirty money has now begun infiltrating America's universities and think tanks and cultural centers; and how those on the front-line are trying to restore America's legacy of anti-corruption leadership—and finally end this reign of American kleptocracy.
Download or read book Betrayal written by Andrew Kirtzman and published by Harper Collins. This book was released on 2010-08-10 with total page 340 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is the story of the greatest con in financial history—one that has commanded the attention of the entire world from the day the news broke on December 11, 2008. Bernard Madoff's financial scheming roped in thousands of victims, ranging from boldfaced names—Steven Spielberg, Mortimer Zuckerman, Kevin Bacon, Elie Wiesel—to ordinary people who saw their nest eggs disappear in a smoke-and-mirrors debacle. The Enron machinations pale beside the havoc that Madoff created in people's lives. Who is this Bernie Madoff? A shady con man? A sociopath? An evil genius? Who was in on it with him? And where is the money? The established expert on the Bernie Madoff case, journalist Andrew Kirtzman offers a riveting analysis of the man and his deeds that is filled with solid research and suspenseful storytelling.
Download or read book Charles Ponzi and the Ponzi Scheme written by Charles River Editors and published by . This book was released on 2019-09-05 with total page 34 pages. Available in PDF, EPUB and Kindle. Book excerpt: *Includes pictures *Includes a bibliography for further reading "I went looking for trouble, and I found it." - Charles Ponzi 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. The rich wanted to be richer, and the poor believed that they could also attain a quick rags-to-riches story. This kind of climate was ripe for individuals such as Ponzi to make their mark on history, for better and worse. Charles Ponzi and the Ponzi Scheme: The History and Legacy of 20th Century America's Most Famous Con Artist looks at the elaborate fraud designed by one of America's most notorious criminals. Along with pictures and a bibliography, you will learn about Ponzi like never before.
Download or read book The Essence of Friedman written by Milton Friedman and published by Hoover Institution Press Publi. This book was released on 1987 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This collection of essays presents a sampling of the significant contributions to twentieth-century economic thought and practice by Nobel Prize-winner Milton Friedman.
Download or read book Space Structures and Design in a Post Pandemic World written by Thomas Fisher and published by Routledge. This book was released on 2022-04-27 with total page 170 pages. Available in PDF, EPUB and Kindle. Book excerpt: Pandemics have long-term effects on how we live and work, and the COVID-19 pandemic was no exception, accelerating us into a digital economy, in which people increasingly work, shop, and learn online, transforming how we use space in-person and remotely. Space, Structures, and Design in a Post-Pandemic World explores the rebalancing of our physical and digital interactions and what it means for the built environment going forward. This book examines the effect of the pandemic on our use of land, interior space, energy, and transportation, as well as on our approach to design, wealth, work, and practice. Author Thomas Fisher also discusses the plagues of institutional racism and climate change that coincided with the COVID-19 pandemic and how these were interrelated. At the same time as all of this, the automation of all or part of many jobs continued unabated, eliminating much of the work that people did before COVID-19 arrived. This text discusses how we might leverage the under-utilized human talent and material assets all around us to rebuild our communities and our economy in more creative ways for a more equitable, resilient future. Space, Structures, and Design in a Post-Pandemic World will influence anyone interested in how design thinking can transform how we see the world and those looking for new ways to understand what the COVID-19 pandemic means and what opportunities it creates for our environments.
Download or read book American Contempt for Liberty written by Walter E. Williams and published by Hoover Institution Press. This book was released on 2015-05-01 with total page 441 pages. Available in PDF, EPUB and Kindle. Book excerpt: Throughout history, personal liberty, free markets, and peaceable, voluntary exchanges have been roundly denounced by tyrants and often greeted with suspicion by the general public. Unfortunately, Americans have increasingly accepted the tyrannical ideas of reduced private property rights and reduced rights to profits, and have become enamored with restrictions on personal liberty and control by government. In this latest collection of essays selected from his syndicated newspaper columns, Walter E. Williams takes on a range of controversial issues surrounding race, education, the environment, the Constitution, health care, foreign policy, and more. Skewering the self-righteous and self-important forces throughout society, he makes the case for what he calls the "the moral superiority of personal liberty and its main ingredient—limited government." With his usual straightforward insights and honesty, Williams reveals the loss of liberty in nearly every important aspect of our lives, the massive decline in our values, and the moral tragedy that has befallen Americans today: our belief that it is acceptable for the government to forcibly use one American to serve the purposes of another.
Download or read book Where the Hell is Middle America written by Terrence Stone and published by Archway Publishing. This book was released on 2024-08-31 with total page 404 pages. Available in PDF, EPUB and Kindle. Book excerpt: Are you tired of the political discord between the two major political parties and feel a deep rift among the electorate? Well, the author does and dives into our current divisive political climate and its impact on our social climate. And he places much of the blame on our politicians for this disharmony. While self-identifying as fiscally conservative but more socially liberal, the author previously felt he was a lifelong moderate Republican. However, he has become disenchanted with the GOP of late. He examines many of the typically divisive topics that often distinguish Republicans and Democrats. Exploring other political parties was also enlightening and now realizes he is more moderate/centrist than previously thought. Today’s politicians often pander to their extremist ends, rarely considering the middle third of the electorate that identify as moderate. If a formidable moderate/centrist candidate could wrest away the dominance of the two major parties by providing some competition, it could force the Republican and Democratic politicians to act better. After all, competition in the marketplace can help bring down prices for our betterment: wouldn’t more competition in the political arena also be for our betterment? The author shows that some middle ground may be met by offering some simple solutions to often complex political topics. If more of the electorate could lean towards the middle, further away from the far right and left extremist ends, then we could gain additional support for more moderate major party candidates or even prevalent third-party candidates.
Download or read book The Ponzi Scheme Puzzle written by Tamar Frankel and published by Oxford University Press. This book was released on 2012-08-23 with total page 250 pages. Available in PDF, EPUB and Kindle. Book excerpt: Charles Ponzi perpetrated his infamous scheme almost a hundred years ago. But his method of using new investments to pay existing investors and finance a highflying lifestyle is alive and well: just as much money is lost in the United States today from Ponzi schemes as from shoplifting. Somehow, con artists are able to dazzle wealthy, educated individuals and sophisticated institutions and convince them to hand over huge sums of money. How? In The Ponzi Scheme Puzzle, renowned legal scholar Tamar Frankel explores these con artists' fascinating power of persuasion and deception, uncovering the subtle signals that mimic truth and honesty. After years of close study of hundreds of cases, Frankel explains the striking patterns that emerge and the common characteristics of the con artists and their victims. She offers clear yet comprehensive descriptions of the various designs of Ponzi schemers' attractive offers and flags the ways in which they mask their deception through specialized methods of advertising and selling. She then constructs lucid profiles of the con artists and their victims, exposing the core nature of the people at the heart of the schemes and showing how over time the lines between predator and prey are blurred. There are indeed many lessons to learn from these stories, and Frankel brings them to light through the insightful results of her research. She shows how peoples' attitudes are ambivalent and uncertain toward con artists, perhaps because their behavior is so seemingly honest, because they act like the social leaders with whom they are likely to mingle, or perhaps because their actions are thought to shake up a complacent society. Frankel concludes by offering a surprising solution on how to prevent charming, dangerous con artists from perpetuating the enduring, disastrous legacy of Charles Ponzi.
Download or read book Wiki vs NWO New World Order written by Grant Elder and published by FriesenPress. This book was released on 2014-11-07 with total page 976 pages. Available in PDF, EPUB and Kindle. Book excerpt: Most people shun the word conspiracy. The media has made it seem like all conspiracies are theories and that anyone who discusses them is a tinfoil hat. Yet anyone who has studied history or business knows that conspiracies are a part of the human experience. Once we realize this, the question arises: what conspiracies are occurring in our time that are significant? What perceptions of the world do we hold that are incorrect? Western civilization, although technologically advanced beyond the days of a Flat Earth or geocentric universe, is blind to it's own corruptions. Our governing practices were established over a century ago – and have evolved very little. If we could apply the success we've had in science, technology, and understanding the human condition to the way we govern our society, what would our world look like? Be forewarned. The journey starts off frightfully dark and many people do not have the emotional fortitude to face the real demons. But if you make the journey it is very rewarding to realize that we have at our disposal the means to create a remarkable world for the next generation if we so choose. This book blends business management strategies leveraged by technology to address the inherent problems in governments. Presented in a clear, step-by-step manner that provides readers with a unique and fresh look at alternatives to our present system.
Download or read book The Jossey Bass Reader on Nonprofit and Public Leadership written by Jossey-Bass Publishers and published by John Wiley and Sons. This book was released on 2009-12-01 with total page 552 pages. Available in PDF, EPUB and Kindle. Book excerpt: An ideal resource for students and professionals, this comprehensive reader offers a diverse collection of the foremost writings on leadership and management in the public and nonprofit sectors. The book includes previously published essays, articles and extracts from leading books and periodicals, framed and vetted by author and professor James L. Perry. The anthology covers a wide range of topics, offering a third sector perspective on the general leadership questions essential to any manager--principles and practices of leadership, organizational change, corporate culture, communication, efficiency, ethics--as well as issues unique to public and nonprofit organizations--understanding leadership roles in the nonprofit world, founder vs. ED relationships, board leadership, alternative and collaborative leadership, strategic management, sustainability, and the future of leadership. Praise for The Jossey-Bass Reader on Nonprofit and Public Leadership: "The Jossey-Bass Reader on Nonprofit and Public Leadership is the most comprehensive collection of essays on leadership available. It should be required reading for all of those who teach, practice and are students of the art and science of leadership." ?Stephen E. Condrey, University of Georgia "This collection of short and readable pieces will be very valuable for students and practitioners of public and nonprofit leadership." ?Michael O'Neill, professor of nonprofit management, School of Business and Professional Studies, University of San Francisco "James Perry has provided a very valuable tool for nonprofit and public sector leaders. This collection represents the very best lessons for leaders, from John Gardner to Kouzes and Posner. The clear structuring and framing of the articles makes this a perfect handbook for nonprofit and public sector leaders of all types." ?Ronald E. Riggio, Henry R. Kravis Professor of Leadership and Organizational Psychology Director, Kravis Leadership Institute, Claremont McKenna College "Jim Perry brings together in a single volume much of the best writing on leadership theory and leadership 'doing.' For anyone interested in the attributes and practice of leadership, this is the book, looking back at what's been proven effective and forward to what's needed in the next generation of leaders." ?Timothy L. Seiler, director, The Fund Raising School, The Center on Philanthropy at Indiana University, Indianapolis, Indiana
Download or read book You Can t Cheat an Honest Man written by James Walsh and published by Silver Lake Publishing. This book was released on 1998 with total page 331 pages. Available in PDF, EPUB and Kindle. Book excerpt: The news is full of modern variations of the Ponzi scheme, which uses money from new investors to pay existing ones, setting up "levels" of investors to keep growing which always eventually collapse. This book uses case studies to suggest several explanations, plus helpful tips to detect Ponzi schemes and offers ways to respond.
