THE GILDED LEDGER Book 4
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New York, 1834 to 1916. Two people learn the same thing about the American securities market and act on it in opposite directions. Jay Gould discovers that a company can print its own shares faster than a buyer can buy them, that a judge can be reached, and that a legislature will sell what it has just voted to take away. Hetty Green discovers that a market with no referee punishes borrowed money above all else, and spends fifty years holding cash, lending it at the top of every panic, and suing anyone who touches her principal. Between them sits the whole apparatus of a capital market operating without a disclosure rule, an insider-trading statute, a registration requirement, or any federal body entitled to ask a company a question. Covers Jay Gould and Hetty Green.
Listen
Part 01
3:07:42
Part 02
3:50:22
Part 03
4:17:31
Part 04
3:33:02
Books in this series
- THE GILDED LEDGER Book 1
4 parts · 15 h 24 min
- THE GILDED LEDGER Book 2
4 parts · 14 h 58 min
- THE GILDED LEDGER Book 3
4 parts · 14 h 16 min
- THE GILDED LEDGER Book 4
4 parts · 14 h 49 min
- THE GILDED LEDGER Book 5
4 parts · 15 h 55 min
- THE GILDED LEDGER Book 6
4 parts · 17 h 29 min