A well-told portrait of a would-be titan—and a cautionary history for our own era. (b&w photos, not seen)
From former Boston Globe reporter Zuckoff (Journalism/Boston Univ.; Choosing Naia, 2002): an entertaining history about the 1920 financial bubble that became a prototype for later business scandals.
Main character: Charles Ponzi, owner of the Securities Exchange Co. In the prior 14 years, he had tramped around North America, twice going to jail (for forgery and for smuggling aliens into the US) before returning to Boston. America was kicking off the Roaring Twenties when, Zuckoff notes, “a new ethos was emerging, one that would reshape what it meant to be an American. No more pennies saved and pennies earned.” A none-too-serious college education in Italy, along with banking and exporting jobs in the New World, boosted Ponzi’s indefatigable self-confidence and his desire for fine living. Noticing fluctuating currency exchange rates, this dapper little man told gullible investors he’d double their money in three months through purchases of international postage stamps. But it was a classic get-rich-quick scheme involving “robbing Peter to pay Paul”—depending on an influx of later investors to pay back earlier clients. When thousands (including an estimated three-quarters of the badly paid Boston Police Department) rushed to put their savings into his scheme, Ponzi became an overnight success. Or so it seemed until the Massachusetts attorney general, a bank examiner, and both the federal and county DA, prodded by the Boston Post and financial journalist Clarence Barron, began to investigate. The jerry-rigged structure trembled, and Ponzi went back to prison. Zuckoff pays attention to Ponzi’s resentment of the blueblood media and business establishment that he assailed as “an autocratic clique which has been able to prey upon the credulity of the people.” Though unquestionably a con artist, Ponzi comes off as more appealing than many of his tormentors: optimistic, generous, devoted to his wife—just a dreamer whose impulses outran his resources and common sense.
A well-told portrait of a would-be titan—and a cautionary history for our own era. (b&w photos, not seen)Pub Date: March 15, 2005
ISBN: 1-4000-6039-7
Page Count: 416
Publisher: Random House
Review Posted Online: May 19, 2010
Kirkus Reviews Issue: Jan. 1, 2005
Well-told and admonitory.
Young-rags-to-mature-riches memoir by broker and motivational speaker Gardner.
Born and raised in the Milwaukee ghetto, the author pulled himself up from considerable disadvantage. He was fatherless, and his adored mother wasn’t always around; once, as a child, he spied her at a family funeral accompanied by a prison guard. When beautiful, evanescent Moms was there, Chris also had to deal with Freddie “I ain’t your goddamn daddy!” Triplett, one of the meanest stepfathers in recent literature. Chris did “the dozens” with the homies, boosted a bit and in the course of youthful adventure was raped. His heroes were Miles Davis, James Brown and Muhammad Ali. Meanwhile, at the behest of Moms, he developed a fondness for reading. He joined the Navy and became a medic (preparing badass Marines for proctology), and a proficient lab technician. Moving up in San Francisco, married and then divorced, he sold medical supplies. He was recruited as a trainee at Dean Witter just around the time he became a homeless single father. All his belongings in a shopping cart, Gardner sometimes slept with his young son at the office (apparently undiscovered by the night cleaning crew). The two also frequently bedded down in a public restroom. After Gardner’s talents were finally appreciated by the firm of Bear Stearns, his American Dream became real. He got the cool duds, hot car and fine ladies so coveted from afar back in the day. He even had a meeting with Nelson Mandela. Through it all, he remained a prideful parent. His own no-daddy blues are gone now.
Well-told and admonitory.Pub Date: June 1, 2006
ISBN: 0-06-074486-3
Page Count: 320
Publisher: Amistad/HarperCollins
Review Posted Online: May 19, 2010
Kirkus Reviews Issue: March 15, 2006
A wonderful page-turner written with humility, immediacy, and great style. Nothing came cheap and easy to McCandless, nor...
The excruciating story of a young man on a quest for knowledge and experience, a search that eventually cooked his goose, told with the flair of a seasoned investigative reporter by Outside magazine contributing editor Krakauer (Eiger Dreams, 1990).
Chris McCandless loved the road, the unadorned life, the Tolstoyan call to asceticism. After graduating college, he took off on another of his long destinationless journeys, this time cutting all contact with his family and changing his name to Alex Supertramp. He was a gent of strong opinions, and he shared them with those he met: "You must lose your inclination for monotonous security and adopt a helter-skelter style of life''; "be nomadic.'' Ultimately, in 1992, his terms got him into mortal trouble when he ran up against something—the Alaskan wild—that didn't give a hoot about Supertramp's worldview; his decomposed corpse was found 16 weeks after he entered the bush. Many people felt McCandless was just a hubris-laden jerk with a death wish (he had discarded his map before going into the wild and brought no food but a bag of rice). Krakauer thought not. Admitting an interest that bordered on obsession, he dug deep into McCandless's life. He found a willful, reckless, moody boyhood; an ugly little secret that sundered the relationship between father and son; a moral absolutism that agitated the young man's soul and drove him to extremes; but he was no more a nutcase than other pilgrims. Writing in supple, electric prose, Krakauer tries to make sense of McCandless (while scrupulously avoiding off-the-rack psychoanalysis): his risky behavior and the rites associated with it, his asceticism, his love of wide open spaces, the flights of his soul.
Pub Date: Jan. 1, 1996
ISBN: 0-679-42850-X
Page Count: 320
Publisher: Villard
Review Posted Online: May 19, 2010
Kirkus Reviews Issue: Oct. 15, 1995
SEEN & HEARD
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