Title
The King, the Crook, and the Gambler: The True Story of the South Sea Bubble and the Greatest Financial Scandal in History,Used
Processing time: 1-3 days
US Orders Ships in: 3-5 days
International Orders Ships in: 8-12 days
Return Policy: 15-days return on defective items
Payment Option
Balen reminds us that the murky tale of the first bubble stands as a cautionary tale for our time. Lisa Jardine, London TimesThe greatest financial scandal in history was not the collapse of Enron or WorldCom, not a piece of insider trading from the 1980s, not a hedge fund leveraged to a trillion dollars or a crooked offshore account. It was bigger than all of them combined. So vast, in fact, that it threatened to bankruptan entire nations wealth, transforming old monied families with centuries of affluence into the newly destitute.The South Sea Bubble was a share scheme allowed to run crazily out of control. Modeled on the share trading that had just transformed the rival French economy, it was masterminded by an unscrupulous Englishman who saw a route to untold riches selling shares in a valueless company. The South Sea Company was supposed to establish a lucrative trade in silver and spices between England and the Americas. But there was a problem hidden from investors: for almost the entire duration of its sorry history the Company didnt even own a boat.For the first time Malcom Balen tells the dramatic full story of how the fraud was carried out and covered up. Although set in the mazy back alleys of the newly inaugurated financial districts of London and Paris of the 1720s it remains utterly a tale of our times.
⚠️ WARNING (California Proposition 65):
This product may contain chemicals known to the State of California to cause cancer, birth defects, or other reproductive harm.
For more information, please visit www.P65Warnings.ca.gov.
- Q: What is the main subject of 'The King, the Crook, and the Gambler'? A: The book explores the South Sea Bubble, detailing it as one of the greatest financial scandals in history, highlighting its implications and the deception that occurred.
- Q: Who is the author of the book? A: The author of 'The King, the Crook, and the Gambler' is Malcolm Balen.
- Q: When was this book published? A: The book was published on June 1, 2004.
- Q: What is the binding type of this book? A: The book is available in a paperback binding.
- Q: How many pages does the book have? A: The book contains 256 pages.
- Q: What is the condition of the book? A: This book is listed as 'New', indicating it has not been previously owned or read.
- Q: Is there any specific material used in this book? A: The product details do not specify any particular material for the book.
- Q: What category does this book belong to? A: The book is categorized under 'Great Britain'.
- Q: What themes are explored in the book? A: The book delves into themes of financial deception, historical events, and the impact of the South Sea Bubble on society.
- Q: Is there an edition of this book? A: The product details do not indicate a specific edition for this book.