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 worlds most
successful of
their days.
Now, 80 years later, the history book asks us, if we
know 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, 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.
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 worlds most
successful of
their days.
Now, 80 years later, the history book asks us, if we
know 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, 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.
