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

Ponzis Scheme: The True Story of a Financial Legend Audiobook, by Mitchell Zuckoff Play Audiobook Sample
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Read By: Grover Gardner Publisher: Random House Audio Listen Time: at 1.0x Speed 6.67 hours at 1.5x Speed 5.00 hours at 2.0x Speed Release Date: March 2005 Format: Unabridged Audiobook ISBN: 9781415923696

Quick Stats About this Audiobook

Total Audiobook Chapters:

19

Longest Chapter Length:

47:53 minutes

Shortest Chapter Length:

03:54 minutes

Average Chapter Length:

31:24 minutes

Audiobooks by this Author:

11

Other Audiobooks Written by Mitchell Zuckoff: > View All...

Publisher Description

You’ve heard of the scheme. Now comes the man behind it. In Mitchell Zuckoff's exhilarating book, the first nonfiction account of Charles Ponzi, we meet the charismatic rogue who launched the most famous and extraordinary scam in the annals of American finance. 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 and raked in millions at his office in downtown Boston. Ponzi’s Scheme is the amazing true story of the irresistible scoundrel who launched the most successful scheme of financial alchemy in modern history–and uttered the first roar of the Roaring Twenties. Ponzi may have been a charlatan, but he was also a wonderfully likable man. His intentions were noble, his manners impeccable, his sales pitch enchanting. Born to a genteel Italian family, he immigrated to the United States with big dreams but no money. Only after he became hopelessly enamored of a stenographer named Rose Gnecco and persuaded her to marry him did Ponzi light on the means to make his dreams come true. His true motive was not greed but love. With rich narrative skill, Mitchell Zuckoff conjures up the feverish atmosphere of Boston during the weeks when Ponzi’s bubble grew bigger and bigger. At the peak of his success, Ponzi was taking in more than $2 million a week. And then his house of cards came crashing down–thanks in large part to the relentless investigative reporting of Richard Grozier’s Boston Post. In Zuckoff's hands, Ponzi is no mere swindler; instead he is appealing and magnetic, a colorful and poignant figure, someone who struggled his whole life to attain great wealth and who sincerely believed–to the very end–that he could have made good on his investment promises if only he’d had enough time. Ponzi is a classic American tale of immigrant life and the dream of success, and the unexpectedly moving story of a man who–for a fleeting, illusory moment–attained it all.

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"A sympathetic biography of the man who nearly took down the Boston banking system. Though I knew how this story ends, having used the term "Ponzi scheme" in conversation, I enjoyed this fascinating look at a man who arrived with a plan that the public wanted to believe in, at just the right time in history. While it was made plain that Ponzi spent a good deal of his days in delusion, I found myself rooting for him at times, thinking, "Hey, maybe you CAN get yourself out of this mess!" It is revealing, in these times of financial crisis, how fragile the financial framework can be, and how one whopper of a situation can threaten the whole system."

— Kelli (4 out of 5 stars)

Ponzi's Scheme Listener Reviews

Overall Performance: 4.096774193548387 out of 54.096774193548387 out of 54.096774193548387 out of 54.096774193548387 out of 54.096774193548387 out of 5 (4.10)
5 Stars: 14
4 Stars: 10
3 Stars: 4
2 Stars: 2
1 Stars: 1
Narration: 5 out of 55 out of 55 out of 55 out of 55 out of 5 (5.00)
5 Stars: 1
4 Stars: 0
3 Stars: 0
2 Stars: 0
1 Stars: 0
Story: 5 out of 55 out of 55 out of 55 out of 55 out of 5 (5.00)
5 Stars: 1
4 Stars: 0
3 Stars: 0
2 Stars: 0
1 Stars: 0
Write a Review
  • Overall Performance: 5 out of 55 out of 55 out of 55 out of 55 out of 5 Narration Rating: 5 out of 55 out of 55 out of 55 out of 55 out of 5 Story Rating: 5 out of 55 out of 55 out of 55 out of 55 out of 5

    — VERY DISAPPOINTED, 12/6/2015
  • Overall Performance: 3 out of 53 out of 53 out of 53 out of 53 out of 5 Narration Rating: 0 out of 50 out of 50 out of 50 out of 50 out of 5 Story Rating: 0 out of 50 out of 50 out of 50 out of 50 out of 5

    " Really interesting to actually read the story behind the legend, but this was too heavy on lists-of-facts [long lists] - so it was a catalog but would have been much better with some more analysis of the why and discussion of Ponzi's psyche. "

    — Dmknoell, 2/8/2014
  • Overall Performance: 5 out of 55 out of 55 out of 55 out of 55 out of 5 Narration Rating: 0 out of 50 out of 50 out of 50 out of 50 out of 5 Story Rating: 0 out of 50 out of 50 out of 50 out of 50 out of 5

    " I really enjoyed the story of Carlo "Charles" Ponzi and his attempt, albeit misguided, to achieve his version of the American Dream. This book was so well-written that I forgot that I was reading a work of non-fiction. I was captivated by all aspects of Ponzi's ill-fated life and found myself fretting his fate by the end. LOVED LOVED LOVED THIS BOOK "

    — Frishawn, 2/7/2014
  • Overall Performance: 2 out of 52 out of 52 out of 52 out of 52 out of 5 Narration Rating: 0 out of 50 out of 50 out of 50 out of 50 out of 5 Story Rating: 0 out of 50 out of 50 out of 50 out of 50 out of 5

    " This was an account of the rise of Charles Ponzi, who came up with a "rob Peter to pay Paul" money-making scheme in the 1920's so big in scale it has lent its name to every similar scheme since then. Interesting, but could have been half the length. "

    — Kristi, 1/30/2014
  • Overall Performance: 4 out of 54 out of 54 out of 54 out of 54 out of 5 Narration Rating: 0 out of 50 out of 50 out of 50 out of 50 out of 5 Story Rating: 0 out of 50 out of 50 out of 50 out of 50 out of 5

    " I always wondered what this thief was all about! Sad that people are still gullible enough today to be suckered into this kind of stuff. "

    — Carrie, 1/18/2014
  • Overall Performance: 4 out of 54 out of 54 out of 54 out of 54 out of 5 Narration Rating: 0 out of 50 out of 50 out of 50 out of 50 out of 5 Story Rating: 0 out of 50 out of 50 out of 50 out of 50 out of 5

    " Very good book for anyone wondering about what a Ponzi scheme really is. "

    — Mary, 1/18/2014
  • Overall Performance: 4 out of 54 out of 54 out of 54 out of 54 out of 5 Narration Rating: 0 out of 50 out of 50 out of 50 out of 50 out of 5 Story Rating: 0 out of 50 out of 50 out of 50 out of 50 out of 5

    " I read it a few years ago, before Ponzi schemes were all cool again... enjoyed learning about the guy, may re-read this one. "

    — Sheel, 1/3/2014
  • Overall Performance: 3 out of 53 out of 53 out of 53 out of 53 out of 5 Narration Rating: 0 out of 50 out of 50 out of 50 out of 50 out of 5 Story Rating: 0 out of 50 out of 50 out of 50 out of 50 out of 5

    " A primer for Madoff wannabes "

    — Leighton, 12/31/2013
  • Overall Performance: 5 out of 55 out of 55 out of 55 out of 55 out of 5 Narration Rating: 0 out of 50 out of 50 out of 50 out of 50 out of 5 Story Rating: 0 out of 50 out of 50 out of 50 out of 50 out of 5

    " Interesting and timely history told in compelling narrative fashion; author makes a point of sourcing facts and events as opposed to imagining or inventing scenes and dialogue. Well written and fascinating story. Evokes the era well. Seems ready for a movie adaptation: drama, suspense and romance! "

    — Bej, 12/21/2013
  • Overall Performance: 3 out of 53 out of 53 out of 53 out of 53 out of 5 Narration Rating: 0 out of 50 out of 50 out of 50 out of 50 out of 5 Story Rating: 0 out of 50 out of 50 out of 50 out of 50 out of 5

    " A surprisingly fun read. Goes down easy with an almost playful writing style giving a sweet flavor to some careful research. Perhaps the most amazing thing about this story is how short Ponzi's run actually was. "

    — mayhem!, 12/13/2013
  • Overall Performance: 5 out of 55 out of 55 out of 55 out of 55 out of 5 Narration Rating: 0 out of 50 out of 50 out of 50 out of 50 out of 5 Story Rating: 0 out of 50 out of 50 out of 50 out of 50 out of 5

    " I loved this! I really had no idea all of the story behind the phrase "Ponzi scheme." The book was easy to follow, even through all of the more tricky financial "calculations" Ponzi was making. Also "

    — Allison, 12/5/2013

About Mitchell Zuckoff

Mitchell Zuckoff, a #1 New York Times bestselling author, is the Sumner M. Redstone Professor of Narrative Studies at Boston University. He covered 9/11 for the Boston Globe and wrote the lead news story on the day of the attacks. While at the Boston Globe, he was a finalist for a Pulitzer Prize and the winner of numerous journalism awards.

About Grover Gardner

Grover Gardner (a.k.a. Tom Parker) is an award-winning narrator with over a thousand titles to his credit. Named one of the “Best Voices of the Century” and a Golden Voice by AudioFile magazine, he has won three prestigious Audie Awards, was chosen Narrator of the Year for 2005 by Publishers Weekly, and has earned more than thirty Earphones Awards.