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The narrative centers on Richard Whitney, a Massachusetts Brahmin and president of the New York Stock Exchange in the 1930s, who opposed government regulation, believing the exchange was flawless. His downfall began after he invested heavily in a failing liquor company, leading him to embezzle client funds to cover losses. The story explores themes of arrogance, integrity, and the cyclical nature of financial scandals, revealing how a once-respected figure ultimately became a cautionary tale of hubris and deceit.
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Impeccable Connections, Malcolm Mackay
- Language
- Released
- 2013
- product-detail.submit-box.info.binding
- (Paperback)
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- Title
- Impeccable Connections
- Subtitle
- The Rise and Fall of Richard Whitney
- Language
- English
- Authors
- Malcolm Mackay
- Publisher
- Brick Tower Press
- Released
- 2013
- Format
- Paperback
- Pages
- 120
- ISBN13
- 9781883283629
- Category
- Biographies and Thoughts
- Description
- The narrative centers on Richard Whitney, a Massachusetts Brahmin and president of the New York Stock Exchange in the 1930s, who opposed government regulation, believing the exchange was flawless. His downfall began after he invested heavily in a failing liquor company, leading him to embezzle client funds to cover losses. The story explores themes of arrogance, integrity, and the cyclical nature of financial scandals, revealing how a once-respected figure ultimately became a cautionary tale of hubris and deceit.