The Eponymous Mr. Ponzi

The little-known story of an age-old scam... Published by Damn Interesting on September 2, 2019... Nobody knows who did it first. Swindlers have been pulling off the scam for centuries, paying existing investors with the deposits of new ones to create the illusion of an incredibly profitable investment opportunity. Before 1920, it was known as … Continue reading The Eponymous Mr. Ponzi

The Reconstruction of Ulysses S. Grant

How the beloved American Civil War general and two-term president failed at every attempt to make money. Except for one... Published by Damn Interesting on April 11, 2017... In the second half of the 19th century, few Americans were better known⁠—and revered⁠—than the man whose face looks out today from the $50 bill. Ulysses S. … Continue reading The Reconstruction of Ulysses S. Grant