Fleecing the Flock: A History of Wall Street’s Con Game

Welcome to Wall Street, the grand stage where America’s financial dreams are made—or shattered in spectacular fashion. While it might look like a glittering world of success and sophistication, a peek behind the scenes reveals a different story altogether. Strap in as we journey through four infamous periods in Wall Street’s history, each more absurd and scandalous than the last. Image is courtesy of Unsplash.com The Gilded Age: Robber Barons and Railway Rumbles In the late 19th century, Wall Street was a bit like the Wild West, except with more top hats and fewer horses. The financial sector was a free-for-all, a time of unregulated madness where titans like Jay Gould and James Fisk ruled with iron fists—and slippery ethics. Picture this: Gould and Fisk, the dynamic duo of deceit, manipulating stock prices like master puppeteers. These guys didn’t just bend the rules; they shattered them with the glee of kids smashing piñatas. One of their most infamous escapades was the 1869 ...