When Swindlers Worked the ‘Big Con’ on Stock Investors
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April 16 (Bloomberg) -- In the 1900s and 1910s, hundreds ofswindling teams worked the Big Con in U.S. cities.
The time was right because, by the beginning of thecentury, the sensational exploits of robber barons and the vastfortunes to be had from railroad, mining and other industrialenterprises had created an appetite for financial speculationthat most Americans couldn’t satisfy.