Tag Archives: The Day they Hanged a Banker

What did Ponzi do wrong?

When the government robs Peter to pay Paul, it is  your taxes and someone else’s handout. When private enterprise has a go, it’s called a Ponzi scheme. Introduction to The Day They Hanged a Banker If you would like to … Continue reading

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The Day They Hanged A Banker

How callous would you have to be to invent a country just to lure paying settlers there? Especially if you told them it was an idyllic paradise for Europeans when it was nothing more than an Equatorial mangrove swamp that … Continue reading

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A million pound lifestyle on a clerk’s wage

Meet Walter Watts. In 1844, aged just 27, he burst onto London society with no visible means of support, but with the trappings of a lottery winner. Inquisitive souls who wanted to know where the money came from were baffled … Continue reading

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