Category

Money

2 stories in Money.

MoneyFILE 021

The Great Salad Oil Swindle

Inspectors measured the tanks with a tape dipped in water. Oil floats. One man used that fact to borrow against $150 million of soybean oil that did not exist.

Open the file1 min
MoneyFILE 020

Was Tulip Mania Even a Bubble?

The most-cited financial bubble in history may be mostly a story invented 200 years later by a man selling a book about crowd madness.

Open the file1 min