A Story with a Moral

In 1923,

1. Charles Schwab was the president of the largest steel company.

2. Edward Hopson was the president of the largest gas company.

3. Richard Whitney as president of the New York Stock Exchange.

4. Arthur Cooger was the world's greatest wheat speculator.

5. Coasbee Livermore was knows as the great Bear of Wall Street.

What happened to these men who were considered among the most successful of their day?

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 Great Bear of Wall Street, Cosabee Livermore, committed suicide.