The Salad Oil King - Crisci, M. G.
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High-School-Dropout Masterminds a $14B White-Collar Scam. Bespectacled Fonso Gravenese was just six when he ran his first scam in 1915--winning quarters from his neighborhood buddies by rubbing olive on his yo-yo strings to make it spin faster. From there, the scams got bigger, and his appetite unquenchable. By the time Fonso was 50, he had built a $500 million personal fortune by scamming federally-funded School Lunch, Wartime Stamp Rationing, and International Food for Peace Programs. Craving for more, he cornered the Cotton Seed and Soybean Oil, major ingredients in the production of Salad…mehr

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Produktbeschreibung
High-School-Dropout Masterminds a $14B White-Collar Scam. Bespectacled Fonso Gravenese was just six when he ran his first scam in 1915--winning quarters from his neighborhood buddies by rubbing olive on his yo-yo strings to make it spin faster. From there, the scams got bigger, and his appetite unquenchable. By the time Fonso was 50, he had built a $500 million personal fortune by scamming federally-funded School Lunch, Wartime Stamp Rationing, and International Food for Peace Programs. Craving for more, he cornered the Cotton Seed and Soybean Oil, major ingredients in the production of Salad Oil, with the help of his ruthless Mafia partners, to control the worldwide price of Salad Oil. Eventually, commodity prices plummeted, the NYSE was forced to halt trading, and $14 billion in salad oil inventory vanished into thin air. The story, filled with humor, pathos, philanthropy--he gave millions to various charities, including his church and town and local bicycle clubs--offers new meaning to the phrase "buyer beware."
Autorenporträt
Manhattan-born M.G. Crisci is the critically-acclaimed author of ten books inspired by or based on real events. His literary works are noted for complex character studies and surprising endings. They encompass the genres of romance, history, politics, and crime. He is also a former Fortune 500 senior executive, an internationally-recognized expert in the field of consumer motivation and behavior, and award-winning journalist, and a thought-provoking social commentator who believes non-political, cross-cultural activities have the power to increase mutual respect and trust between allies and enemies. He has been elected to Who's Who in the World 22 times, and recently received lifetime achievement awards from the Albert Marcus Society and the Eurasia Center Worldwide for his business, literary, and cultural contributions.