The Rise And Fall of Jay Cooke and Company

Monday 12/16/13

This week's newsletter is the first in a series about the financial panic of 1873. In this first installment, we look at legendary financier Jay Cooke, how he helped the Union finance the Civil War and how he helped expand the railroads out west. We also look at how risk taking grew his business rapidly, and how it ultimately led to his ruin.
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