May 8, 2012

Scoundrel Who Swindled Ulysses S. Grant

Carlo Wolff, Christian Science Monitor

Geoffrey Ward’s cagily titled book, A Disposition to Be Rich, about his great grandfather isn’t so much written as lived in. In colorful and remarkable detail it chronicles the brazen exploits of Ferdinand Ward, “the best-hated man in the United States” and the pre-eminent Ponzi schemer of the Reconstruction Era. Not only did Ferd swindle former President Ulysses S. Grant out of millions in today’s dollars – making Grant a near-pauper as he was dying of tongue cancer – but Ferd’s greed also caused the collapse of several banks and the embarrassment of any number of high-ranking ...

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