Ponzi's Scheme_ The True Story of a Financial Legend - Mitchell Zuckoff [164]
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prison record would lead to his deportation: “Ponzi Confesses Record in Prisons; Pleads for a Chance,” New York Times, August 12, 1920, p. 1.
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His eyes filled with tears: Ibid.
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“I want to keep all this news”: “Arrests Near in Ponzi Case; Audit Almost Completed,” Boston Daily Globe, August 12, 1920, p. 1.
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“My nerves can’t last forever”: “Arrest in Ponzi Case May Be Made Today,” Boston Post, August 12, 1920, p. 1.
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at one forty-five in the afternoon: “Arrests Near in Ponzi Case; Audit Almost Completed,” Boston Daily Globe, August 12, 1920, p. 1; “Arrest in Ponzi Case May Be Made Today,” Boston Post,” August 12, 1920, p. 1; “Ponzi Confesses Record in Prisons; Pleads for a Chance,” New York Times, August 12, 1920, p. 1; “Bank Commissioner Takes Possession of Hanover Trust,” Boston Evening Globe, August 11, 1920, p. 1; “Crisis Looms for Ponzi,” Boston Herald, August 12, 1920, p. 1; “Confessed to Forgery to Protect His Friend,” Boston American, August 11, 1920, p. 1; “Sleuths to View Ponzi,” Boston Traveler, August 11, 1920, p. 1.
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Chmielinski treated Hanover Trust: Annual Report of the Massachusetts Commissioner of Banks, 1921, pp. ix–xv.
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Hundreds of people raced: “Crowd Gathered at Bank in Record Time,” Boston Evening Globe, August 11, 1920, p. 1; “Arrests Near in Ponzi Case; Audit Almost Completed,” Boston Daily Globe, August 12, 1920, p. 1.
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“I learn with regret”: “Arrest in Ponzi Case May Be Made Today,” Boston Post, August 12, 1920, p. 1.
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no more than $800,000 in liabilities: “Confessed to Forgery to Protect His Friend,” Boston American, August 11, 1920, p. 1.
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Ponzi left Barristers’ Hall at about five o’clock: “Accuses Allen of Closing Bank to Tie Up $1,500,000,” Boston Traveler, August 12, 1920, p. 7.
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the sound of a woman weeping: “Ponzi Draws Pistol,” Boston Herald, August 12, 1920, p. 3.
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A few minutes before midnight: “Accuses Allen of Closing Bank to Tie Up $1,500,000,” Boston Traveler, August 12, 1920, p. 7.
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he still had fervent believers: “Ponzi Confesses Record in Prisons; Pleads for a Chance,” New York Times, August 12, 1920, p. 1.
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marveling at “the grip”: “Things Look Black for Charles Ponzi,” Boston Traveler, August 12, 1920, editorial page.
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“Get away from here!”: “Arrest in Ponzi Case May Be Made Today,” Boston Post, August 12, 1920, p. 1.
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he learned the truth: “Ponzi Arrested; Affairs ‘Hopeless’; Bank Involved,” Boston Herald, August 13, 1920, p. 1.
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Thomas W. Lawson: “Supposed Ponzi Tried to Get Lawson’s Aid,” Boston Evening Globe, August 12, 1920, p. 1.
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front page of that morning’s Post: “Arrest in Ponzi Case May Be Made Today,” Boston Post, August 12, 1920, p. 1.
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made Ponzi cringe: “Ponzi Under Arrest,” Boston Evening Globe, August 12, 1920, p. 1.
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“I am not going to flee”: “Ponzi Arrested,” Boston American, August 12, 1920, p. 1.
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pulled down the window shades: “Ponzi Under Arrest,” Boston Evening Globe, August 12, 1920, p. 1. Additional narrative details about this day come from Harold Wheeler, “Ponzi Arrested: Admits Now He Cannot Pay—$3,000,000 Short,” Boston Post, August 13, 1920, p. 1; “Ponzi Under Arrest,” Boston Evening Globe, August 12, 1920, p. 1; “Ponzi Freed on $35,000 Bail on Federal and State Charges,” Boston Daily Globe, August 13, 1920, p. 1; “Ponzi Arrested; Liabilities Put at $7,000,000,” New York Times, August 13, 1920, p. 1; “Ponzi Arrested,” Boston American, August 12, 1920, p. 1; “Ponzi Arrested; Affairs ‘Hopeless’; Bank Involved,” Boston Herald, August 13, 1920, p. 1.
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“But you have agreed”: Ponzi, p. 172.
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“No man is ever licked”: Ibid.
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as if for a wedding: Kenny, p. 200.
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“Mr. Ponzi wishes to surrender.”: “Ponzi Arrested,” Boston American, August 12, 1920, p. 1.
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“hopelessly insolvent”: “Ponzi Arrested; Liabilities Put at $7,000,000,” New York Times, August 13, 1920, p. 1.
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“Wife and I were going to buy”: “Ponzi Lodged in Cambridge Jail,” Boston