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The Ponzi Scheme Puzzle: A History and Analysis of Con Artists and Victims

Tamar Frankel




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 | #959074 in Books |  Oxford University Press, USA |  2012-08-13 | Original language:English | PDF # 1 |  5.80 x1.00 x8.40l,.90 | File type: PDF | 256 pages

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||0 of 0 people found the following review helpful.| good enough|By Luiz R. S. Candiota|Good enough as an informative item, but with too many examples and too few profound analysis. A very good effort|3 of 4 people found the following review helpful.| ADHD?|By James Eickelberg|The author may have done her research, but she us unable to communicate the results. With the briefest| ||"A financial thriller, a masterly page-turning inquiry into tragi-comic gullibility and greed, of Ponzi victims and perpetrators alike. The belief in market rationality (another confidence trick?) and the rocketing returns of finance, induced clever people to

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?

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