The country’s financial hub has a long history of lying, cheating, and stealing.
No one likes recessions, but no one dislikes them more than the crooks who are an inevitable part of any financial market.
JOHN D. ROCKEFELLER
1839-1937
It went to Russia along with capitalism, but its greatest players worked over here.
Several million Russians learned about the downside of capitalism this summer when they were caught in a classic swindle. An outfit calling itself MMM and operating as an investment company offered fantastic returns on investments, upward of 3000 percent a year.
One day in the 1880s, Arthur T. Hadley, the distinguished American economist who would later be president of Yale University, was visiting his lawyer’s office on Broad Street near the New York Stock Exchange.
Throughout the summer and fall of 1898 a lady named Margaret E. Cody, aged seventy-five or there-about, was a reluctant guest of the county jail in Albany, New York. Mrs.
Ever since 1792, bulls and bears together have tripped the light fantastic on Wall Street’s sidewalks—and sometimes just tripped
On a cold Saturday in December, 1865, the 350 members of the New York Stock Exchange gave a party to celebrate moving into a new building on Broad Street, near the corner of Wall—the first home of their own.