Planet Ponzi

Author: Mitch Feierstein
Publisher: Glacier USA INC
ISBN: 0985036907
Category : Business & Economics
Languages : en
Pages : 413

Book Description
"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.

Planet Ponzi

Author: Mitch Feierstein
Publisher:
ISBN: 9780985036928
Category : Debts, Public
Languages : en
Pages : 450

Book Description
The world economy is now approaching the final death rattle of the greatest Ponzi scheme in history: a scheme in which politicians stood by as the financial industry and sovereign governments created a vast overhang of debt, a mountain of low-quality assets - and laid the foundations for an economic disaster which will dwarf any other in history. There are four possible outcomes for our future: * economic growth (unlikely) * stagnation (probable) * inflation (bad) * default (disastrous) Which of the four it will be depends on choices that are being made right now, not always wisely, by politicians, technocrats and bankers. Planet Ponzi is a provocative assessment of the state of today's global economy. Mitch Feierstein reveals the true debts of US government and the eurozone - the full picture, not the figures the politicians would have us believe.

The Journey of the Penguin

Author: Emiliano Ponzi
Publisher: Penguin Books
ISBN: 0143107852
Category : Comics & Graphic Novels
Languages : en
Pages : 98

Book Description
A charming picture book telling the imagined story of a penguin who waddled his way into history as the symbol of a beloved publisher, timed to the 80th anniversary of Penguin Books. In The Journey of the Penguin, award-winning graphic artist Emiliano Ponzi delivers a boldly illustrated, wildly imaginative, and terrifically fun story that brings to life the 'dignified yet flippant' bird that Allen Lane chose as the image of his revolutionary publishing company. This penguin goes on an adventure that takes him on to New York and into the hearts of readers everywhere.

Ponzimonium

Author: Bartholomew H. Chilton
Publisher: Us Independent Agencies and Commissions
ISBN:
Category : Business & Economics
Languages : en
Pages : 86

Book Description
True stories of crime and punishment that will inform and educate anyone who wants to find out how to identify and avoid becoming entangled in an investment fraud.

The Ponzi Factor

Author: Tan Liu
Publisher: Ponzi Factor
ISBN: 9781976949951
Category : Business & Economics
Languages : en
Pages : 170

Book Description
One of the biggest myths about stocks is the belief that profits from stocks come from the earnings of the underlying companies, and when companies make money, they share the profits with their investors. But the reality is, profits from stocks come from other investors who are buying and selling stocks, and when companies make money, they keep everything. The belief is, stocks represent value in a company. The truth is, stocks are Ponzi assets because investors’ profits are dependent on the inflow of money from new investors and no one is obligated to pay the shareholders anything. This is not just another story that will disappear after another bubble bursts. It is an idea that will remain relevant for as long as the stock market exists.

The Ascent of Money

Author: Niall Ferguson
Publisher: Penguin
ISBN: 1440654026
Category : History
Languages : en
Pages : 498

Book Description
The 10th anniversary edition, with new chapters on the crash, Chimerica, and cryptocurrency "[An] excellent, just in time guide to the history of finance and financial crisis." —The Washington Post "Fascinating." —Fareed Zakaria, Newsweek In this updated edition, Niall Ferguson brings his classic financial history of the world up to the present day, tackling the populist backlash that followed the 2008 crisis, the descent of "Chimerica" into a trade war, and the advent of cryptocurrencies, such as Bitcoin, with his signature clarity and expert lens. The Ascent of Money reveals finance as the backbone of history, casting a new light on familiar events: the Renaissance enabled by Italian foreign exchange dealers, the French Revolution traced back to a stock market bubble, the 2008 crisis traced from America's bankruptcy capital, Memphis, to China's boomtown, Chongqing. We may resent the plutocrats of Wall Street but, as Ferguson argues, the evolution of finance has rivaled the importance of any technological innovation in the rise of civilization. Indeed, to study the ascent and descent of money is to study the rise and fall of Western power itself.

The Ponzi Princess

Author: Mark Morewitz
Publisher: Createspace Independent Publishing Platform
ISBN: 9781507790182
Category :
Languages : en
Pages : 0

Book Description
Recently married and settling in to a new home in Brooklyn, Mark Morewitz feels something is missing from his life. He is intrigued when his neighbors introduce him to Laurie, the charismatic entrepreneur from Long Island helping them earn enough money to buy and renovate their huge home. Soon the Long-Island fairy-godmother gives Mark an opportunity to invest in her high-return deals and then invites him to work at her event-planning business. Along the way they become friends. As Mark begins making serious money, his friends and family want to get in on the action too. Within a year, most of the people in his life have put a substantial amount of their money in Laurie's hands. After he returns from a trip to San Francisco, Laurie shocks Mark with an announcement that changes their relationship forever. Layer by layer, Mark begins to find out the whole devastating truth. He eventually turns to the FBI for help as his American dream turns into a nightmare. Revealing the inside story behind the headline-making federal case, The Ponzi Princess is a true tale with a timeless message about the power of greed and deception. markmorewitz.com

Hoax: A History of Deception

Author: Ian Tattersall
Publisher: Black Dog & Leventhal
ISBN: 0316503703
Category : True Crime
Languages : en
Pages : 487

Book Description
An entertaining collection of the most audacious and underhanded deceptions in the history of mankind, from sacred relics to financial schemes to fake art, music, and identities. World history is littered with tall tales and those who have fallen for them. Ian Tattersall, a curator emeritus at the American Museum of Natural History, has teamed up with Peter Néaumont to tell this anti-history of the world, in which Michelangelo fakes a masterpiece; Arctic explorers seek an entrance into a hollow Earth; a Shakespeare tragedy is "rediscovered"; a financial scheme inspires Charles Ponzi; a spirit photographer snaps Abraham Lincoln's ghost; people can survive ingesting only air and sunshine; Edgar Allen Poe is the forefather of fake news; and the first human was not only British but played cricket. Told chronologically, HOAX begins with the first documented announcement of the end of the world in 2800 BC and winds its way through controversial tales such as the Loch Ness Monster and the Shroud of Turin, past proven fakes such as the Thomas Jefferson's ancient wine and the Davenport Tablets built by a lost race, and explores bald-faced lies in the worlds of art, science, literature, journalism, and finance.

Reimagining Capitalism in a World on Fire

Author: Rebecca Henderson
Publisher: PublicAffairs
ISBN: 1541730135
Category : Business & Economics
Languages : en
Pages : 336

Book Description
A renowned Harvard professor debunks prevailing orthodoxy with a new intellectual foundation and a practical pathway forward for a system that has lost its moral and ethical foundation. Free market capitalism is one of humanity's greatest inventions and the greatest source of prosperity the world has ever seen. But this success has been costly. Capitalism is on the verge of destroying the planet and destabilizing society as wealth rushes to the top. The time for action is running short. Rebecca Henderson's rigorous research in economics, psychology, and organizational behavior, as well as her many years of work with companies around the world, give us a path forward. She debunks the worldview that the only purpose of business is to make money and maximize shareholder value. She shows that we have failed to reimagine capitalism so that it is not only an engine of prosperity but also a system that is in harmony with environmental realities, the striving for social justice, and the demands of truly democratic institutions. Henderson's deep understanding of how change takes place, combined with fascinating in-depth stories of companies that have made the first steps towards reimagining capitalism, provide inspiring insight into what capitalism can be. Together with rich discussions of important role of government and how the worlds of finance, governance, and leadership must also evolve, Henderson provides the pragmatic foundation for navigating a world faced with unprecedented challenge, but also with extraordinary opportunity for those who can get it right.

Ponzinomics

Author: Robert FitzPatrick
Publisher:
ISBN: 9780578443515
Category :
Languages : en
Pages :

Book Description
The first comprehensive history and analysis of the multi-level marketing phenomenon, its origins and its historical roots. The author is the foremost expert in multi-level marketing and pyramid schemes and has served as expert witness or consultant in more than 30 cases against pyramid schemes. The analysis reveals the myths, disinformation and political influence-buying by companies employing the "endless chain" proposition.