Even as they were hauling Charles Ponzi off to a Boston jail, his die-hard supporters tried to stop the officers, claiming he had been unfairly railroaded and that they had the wrong man. [Sound familiar?}
Ponzi's investors only lost $20M, compared to Wave, nearly half a billion down the rathole.
Ponzi's comment at the end of his days? From Wiki...
Ponzi granted one last interview to an American reporter, telling him, "Even if they never got anything for it, it was cheap at that price. Without malice aforethought I had given them the best show that was ever staged in their territory since the landing of the Pilgrims! It was easily worth fifteen million bucks to watch me put the thing over."
Wonder how little Stevie Wonder and BS Billy S view their fine times at the head of Wave? Maybe they enjoyed putting on the show, too.
Clap, clap.
Blue