Planet Ponzi

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When Miranda tagged NASCAR in a DC Solar Facebook post, one of the first replies was “Solar is for fags. The idea of making solar mobile was “so unbelievably intriguing” that Gliboff soon offered to market the devices on commission. We all bit that fucking hook,” Bobby Amato, Paulette’s brother, told me, still bitter about Carpoff’s failures to credit him for co-inventing the generator. The police are afraid to patrol, and violent crime, murder and looting are rampant, while businesses are collapsing.

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Three decades later, the story still resonated enough for him to want to share it with a banquet hall full of investors and employees. I am pleased to offer a signed copy of 'Planet Ponzi' for every annual subscription as a complimentary gift. Baby boomer demographics will seriously affect this but the idea of a saved pool for use in the future is too simplistic. Carpoff began talking about the gig with a neighbor, who wanted panels for his weekend house but worried they’d get stolen when he wasn’t there. But it makes particular nonsense of art that claims to spur the viewer to some kind of ecological consciousness.Just three days before the raids, he was wearing black sequins and partying with Pitbull at the DC Solar holiday party, as if being Jeff “Mother Fuckin’ ” Carpoff for one more night trumped the grubby unknowns of a lifetime on the run. Mitch Feierstein is one of the most prescient and cogent observers of the economic crisis that has engulfed the world.

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Which of the four it will be depends on choices that are being made right now, not always wisely, by politicians, technocrats and bankers.But Carpoff was an illusionist: It mattered less whether people were in actual danger—or on the brink of great wealth—than that they believed themselves to be. But, as Feierstein contests, perhaps that day of reckoning is still to come because we're not out of the woods yet.

Planet Ponzi by Mitch Feierstein | Waterstones Planet Ponzi by Mitch Feierstein | Waterstones

This statement is as relevant today as it was then, highlighting the absence of lessons learned from the crisis. In chasing the wrong target, in the wrong way, Mr Osborne has shown where his priorities really lie: the good of his party, not the good of his country. An example of how this censorship is hampering democracy can be found on my Planet Ponzi Twitter account, which has been largely shadow-banned and censored for years.

I am, as it happens, a hedge fund manager who’s spent nearly forty years working in the financial markets. Indulging in this kind of sophistry feels like reckless disregard for the planet, and depraved indifference to the damage being caused.