Crashes and Crises: Lessons from a History of Financial Disasters
Crashes and Crises: Lessons from a History of Financial Disasters
Holes in the Ground: Mining Stock Frauds (1x7)
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Mining companies were the internet start-ups of the 19th and early 20th centuries, offering a chance to strike it rich—or, more likely, go broke. Focus on the swindling strategy of George Graham Rice, who earned a fortune (and several prison terms) by manipulating mining stock. Discover that Mark Twain and future president Herbert Hoover both had close brushes with shady mining ventures.