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My Adventures with Your Money: George Graham Rice and the Golden Age of the Con Artist

por T.D. Thornton

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291813,492 (4.25)1
"Today, we talk about Bernard Madoff, but in the early 20th century, they talked about George Graham Rice. Born Jacob Simon Herzig in 1870, he later changed his name - just as he would frequently change his swindles to make himself into one of the most colorfully successful villains in American history. T.D. Thornton now tells the story of Rice's life as it unfolded against the dark rise of American greed in the early 20th century. In the early 1900s, Rice made market-manipulation killings valued at billions in today's dollars by inventing fictitious boom towns in Death Valley and flagrantly exaggerating worthless mining claims throughout the West. As a shameless racetrack tipster, Rice cultivated a national following of 100,000 daily subscribers who paid for the privilege of being tipped to bet on hopeless nags. Vilified by securities regulators as the "Jackal of Wall Street," Rice sparked riots in Manhattan's financial district by perfecting the art of "bucket shop" trading with the sole purpose of bilking the public blind. He was capable of pulling off everything from street corner rip-offs for pocket change to elaborately scripted gambling hoaxes, all while being vilified by old-guard profiteers like J.P. Morgan and befriended by gangsters like Arnold Rothstein. In My Adventures With Your Money, T.D. Thornton has given us a real-life version of The Sting with one of America's most colorful con men at it's center"--… (mais)
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Entertaining biography of the king of America's golden age of con artistry. Born Jacob Herzig to a respectable Jewish family, his siblings were all over-achievers who went on to respectable careers, but young Jacob was determined not to have work for success. Early run-ins with the law and a 2 year stint in a reformatory only hardened his desire to make a good living from fleecing rubes of their cash. Changing his name to a more WASP-ish George Graham Rice (nicknamed Ricecakes) he set out to con a better class of mark. He had all the necessary skills - a quick brain, silver tongue and the ability to spot a sucker from a mile away. A chance encounter led to his starting a firm that dispensed dodgy race tips to eager rubes, making him millions before the law caught up with him, but he went on to bigger and better things, taking advantage of the minerals boom selling stock in worthless mines on New York's wild and woolly free for all Curb Exchange. A close relationship with arch-fixer Arnold Rothstein meant he was able to evade the law for a long time, but he eventually went down for mail fraud and larceny. He was on the verge of being arrested again when he disappeared just ahead of the law and lived out the rest of his days in hiding. Not an edifying story but an entertaining tale that perfectly catches the feel of America's gilded age and the anything goes atmosphere of New York's financial heart before the Great Crash. Wonderful read. ( )
  drmaf | Jul 1, 2019 |
"Mr. Thornton offers up a hugely entertaining biography....My Adventures With Your Money is written in a fast-paced and jaunty style, as befits the subject....Yet Mr.Thornton also has a sharp eye for detail...The Jazz Age is wonderfully conjured up with its numerous crazes and dubious promotions, from 'extracting gold from seawater...to devising a "spirit laboratory" to consult dead inventors'...My Adventures With Your Money is a grand addition to the grifting genre. Pick your own pocket and buy a copy."
adicionada por T.D.Thornton | editarThe Wall Street Journal
 
"If you're ever tempted to believe that the current financial system has never been shadier or more corrupt, this book will quickly cause you to count your blessings. At one level, this book is a biography of an infamous con artist who makes Bernie Madoff look virtuous by comparison. But it is also a biography of an economic landscape in the first decades of the 20th Century, a time when swindles, con artistry and rip-offs dominated the land." (Ranked #5 of 10 Best Business Books of 2015 by Wealth Management)
adicionada por T.D.Thornton | editarWealth Management
 
“The narrative is evocative and a great insight into the power of promotion, illusion and creative journalism…This reader found My Adventures with Your Money to be a very unusual and intriguing book, focusing on the Roaring Twenties from a fascinating new angle.”
adicionada por T.D.Thornton | editarHistory ASM
 
"Thornton tells the story of the most notorious grifter you probably never heard of…As such, his story is an interesting tour through the early years of Wall Street and the often blurry lines between legal and illegal business practices. A good read for anyone interested in confidence men and the history of Wall Street."
adicionada por T.D.Thornton | editarKirkus
 
“Thornton effectively establishes Rice as the original shuckster, portraying his start as a small-time hoodlum who served time and stumbled into building a powerful network of suckers…As he went from overseeing bets on horses to mines out West to the New York Stock Exchange, Rice impressively adapted to any situation and could turn any obstacle into an advantage. VERDICT: This remarkable read of a man who swindled thousands of people out of millions of dollars is for fans of con artists, stock market history, and the films Wall Street and The Wolf of Wall Street.”
adicionada por T.D.Thornton | editarLibrary Journal
 
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"Today, we talk about Bernard Madoff, but in the early 20th century, they talked about George Graham Rice. Born Jacob Simon Herzig in 1870, he later changed his name - just as he would frequently change his swindles to make himself into one of the most colorfully successful villains in American history. T.D. Thornton now tells the story of Rice's life as it unfolded against the dark rise of American greed in the early 20th century. In the early 1900s, Rice made market-manipulation killings valued at billions in today's dollars by inventing fictitious boom towns in Death Valley and flagrantly exaggerating worthless mining claims throughout the West. As a shameless racetrack tipster, Rice cultivated a national following of 100,000 daily subscribers who paid for the privilege of being tipped to bet on hopeless nags. Vilified by securities regulators as the "Jackal of Wall Street," Rice sparked riots in Manhattan's financial district by perfecting the art of "bucket shop" trading with the sole purpose of bilking the public blind. He was capable of pulling off everything from street corner rip-offs for pocket change to elaborately scripted gambling hoaxes, all while being vilified by old-guard profiteers like J.P. Morgan and befriended by gangsters like Arnold Rothstein. In My Adventures With Your Money, T.D. Thornton has given us a real-life version of The Sting with one of America's most colorful con men at it's center"--

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