Lessons From the Life of Charles Ponzi
The next Ponzi is just around the corner
“Masters of the Universe.”
Author Tom Wolfe gave that name to Wall Street’s financial wizards in his 1987 bestseller, The Bonfire of the Vanities.
These “Masters of the Universe” made millions of dollars a year and lived posh lives on New York City’s Upper East Side.
Many tried to buy immortality by putting their names on opera halls, museums, and universi…