Thanks to my daughter-in-law Rachel for posting this reminder to me via e-mail. Rachel is an inspiration to me in very many ways. She's creative, spiritual, and never gives up on behalf of her family and her dreams. Follow her Food Fix blog (did I mention, she's an award-winning Chef?).
In 1923, Who Was....
- President of the largest steel and gas companies?
- President of the New York stock Exchange?
- Head of the world's largest monopoly?
- President of the First National Bank of NY?
- Great Bear of Wall Street?
Now, 88 years later, the history book asks us if we know what ultimately became of them.
1. The president of the largest steel company,
Charles Schwab..........lived his last years on borrowed money and left an insolvent estate.
2. The president of the largest gas company,
Edward Hopson..........went to jail for bilking investors and lived his last years in ill health and obscurity.
3. The president of the NYSE,
Richard Whitney..........served time in Sing-Sing for embezzelment.
4. The head of the world's largest monopoly,
Ivar Krueger..........committed suicide.
5. Leon Fraser - The president of the First National Bank of NY.....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 in Naples, FL, at the age of 97.
He was financially secure at the time of his death.