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Last week a study of the 1931 portfolios of 85 investment trusts of the management type revealed: i) Union Pacific has replaced New York Central…
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Last week a study of the 1931 portfolios of 85 investment trusts of the management type revealed: i) Union Pacific has replaced New York Central…
Following the breakup of large utility holding companies by trust busters in the 1930s, General Electric created Ebasco (Electric Bond and Share Company)...
One man’s ambition to electrify the Middle South and improve its economic outlook 110 years ago evolved from a handshake for steam from a boiler powered with waste sawdust into Entergy Corp., a
ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
Share: Samuel Insull is mostly forgotten today by the general public, but from the 1890s through the 1930s he was one of the most prominent figures in the U.S. economy. Indeed, Insull was such a notable personality that Orson Welles borrowed a chapter from his life and fashioned it into a segment of the landmark film “Citizen Kane.” At the peak of his power, Insull’s fortune totaled roughly $100 million. But by the time of his death, he had only $1,000 to his name — which had been sullied during the wreckage created by the Great Depression. Shining in Edison’s Glow: Insull was born...