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RECOMMENDED READING

The Gold Ring: Jim Fiske, Jay Gould, & Black Friday, 1869

By: Kenneth D. Ackerman

Publisher: Da Capo Press

This is an unbelievable story of 2 of the most famous con men in history, Jim Fisk and Jay Gould, and their scheme to corner the gold market. Ackerman does an excellent job of describing these 2 characters, along with the “supporting cast” of Boss Tweed, Ulysses S. Grant, Albert Cardozo, and Cornelius Vanderbuilt. The manipulation of the commodities market is amazingly similar to what we see today regarding oil. (See Commodities Market) The wild and unregulated days of the markets gives a great insight into what we can expect if today’s deregulation policies are continued.

 

 

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