A Disposition to Be Rich

How a Small-Town Pastor's Son Ruined an American President, Brought on a Wall Street Crash, and Made Himself the Best-Hated Man in the United States

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  • Ferdinand
  • Ward
  • was
  • the
  • greatest
  • swindler
  • of
  • the
  • Gilded
  • Age.
  • Throughhis
  • unapologetic
  • villainy,
  • he
  • bankrupted
  • Ulysses
  • S.
  • Grant
  • and
  • ran
  • roughshod
  • over
  • the
  • entire
  • world
  • of
  • finance.
  • Now,
  • his
  • compelling,
  • behind-the-scenes
  • story
  • is
  • told—told
  • by
  • his
  • great-grandson,
  • award-winning
  • historian
  • Geoffrey
  • C.
  • Ward. Ward
  • was
  • the
  • Bernie
  • Madoff
  • of
  • his
  • day,
  • a
  • supposed
  • genius
  • at
  • making
  • big
  • money
  • fast
  • on
  • Wall
  • Street
  • who
  • turned
  • out
  • to
  • have
  • been
  • running
  • a
  • giant
  • pyramid
  • scheme—one
  • that
  • ultimately
  • collapsed
  • in
  • one
  • of
  • the
  • greatest
  • financial
  • scandals
  • in
  • American
  • history.
  • The
  • son
  • of
  • a
  • Protestant
  • missionary
  • and
  • small-town
  • pastor
  • with
  • secrets
  • of
  • his
  • own
  • to
  • keep,
  • Ward
  • came
  • to
  • New
  • York
  • at
  • twenty-one
  • and
  • in
  • less
  • than
  • a
  • decade,
  • armed
  • with
  • charm,
  • energy,
  • and
  • a
  • total
  • lack
  • of
  • conscience,
  • made
  • himself
  • the
  • business
  • partner
  • of
  • the
  • former
  • president
  • of
  • the
  • United
  • States
  • and
  • was
  • widely
  • hailed
  • as
  • the
  • “Young
  • Napoleon
  • of
  • Finance.”
  • In
  • truth,
  • he
  • turned
  • out
  • to
  • be
  • a
  • complete
  • fraud,
  • his
  • entire
  • life
  • marked
  • by
  • dishonesty,
  • cowardice,
  • and
  • contempt
  • for
  • anything
  • but
  • his
  • own
  • interests. Drawing
  • from
  • thousands
  • of
  • family
  • documents
  • never
  • before
  • examined,
  • Geoffrey
  • C.
  • Ward
  • traces
  • his
  • great-grandfather’s
  • rapid
  • rise
  • to
  • riches
  • and
  • fame
  • and
  • his
  • even
  • more
  • dizzying
  • fall
  • from
  • grace.
  • There
  • are
  • mistresses
  • and
  • mansions
  • along
  • the
  • way;
  • fast
  • horses
  • and
  • crooked
  • bankers
  • and
  • corrupt
  • New
  • York
  • officials;
  • courtroom
  • confrontations
  • and
  • six
  • years
  • in
  • Sing
  • Sing;
  • and
  • Ferdinand’s
  • desperate
  • scheme
  • to
  • kidnap
  • his
  • own
  • son
  • to
  • get
  • his
  • hands
  • on
  • the
  • estate
  • his
  • late
  • wife
  • had
  • left
  • the
  • boy.
  • Here
  • is
  • a
  • great
  • story
  • about
  • a
  • classic
  • American
  • con
  • artist,
  • told
  • with
  • boundless
  • charm
  • and
  • dry
  • wit
  • by
  • one
  • of
  • our
  • finest historians.
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