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From Bill Burton, for About.com

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

Wednesday April 19, 2006
"We are all gamblers. We all crave easy money. If we didnt, no get rich scheme could be successful. "

The above quote was made by Charles Ponzi who will go down in history as the man who orchestrated oneof the biggest scams that swindled thousands of Americans out of their savings in Boston back in 1920. To this day the scam bears his name. He relied on the greed of people who were looking to make it rich quick.

I am reading Ponzi's Scheme: The True Story of a Financial Legend. The book is fascinating and riveting. It not only gives you the insight into how the scheme was developed but also a short history of America in the early 1900s.

I will have a complete review in the future, but if this subject interests you I highly recommend the book.

Comments

May 10, 2006 at 5:45 am
(1) simon says:

you should look at it that way

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