- In 1923, who was:
-
- 1. President of the largest steel company?
- 2. President of the largest gas company?
- 3. President of the New York stock Exchange?
- 4. Greatest wheat speculator?
- 5. President of the Bank of International
Settlement?
- 6. Great Bear of Wall Street?
-
-
- These men were considered some of the world's most powerful
and successful of their days.
-
- Now, 80+ years later...here they are and here is what
ultimately became of them
-
-
-
- The Answers
-
-
- 1. The president of the largest steel
company.
- Charles Schwab, died a pauper.
-
- 2. The president of the largest gas
company,
-
- Edward Hopson, went insane.
-
- 3. The president of the NYSE,
- Richard Whitney, was released from prison
to die at home.
-
- 4. The greatest wheat speculator,
- Arthur Cooger, died abroad, penniless.
-
- 5. The president of The Bank of International
Settlement,
- Leon Fraser, shot himself.
-
- 6 The Great Bear of Wall Street,
- Cosabee Livermore, also committed suicide
-
- However, in that same year, 1923, the
PGA Champion
- And the winner of the most important
golf tournament,
- The US Open was Gene Sarazen.
-
- What became of him?
-
- He played golf until he was 92,
- Died in 1999 at the age of 95.
- He was financially secure
- At the time of his death.
-
- The Moral:
-
- Screw work.
- Play golf.
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