Black Friday - Gould and Fisk Gold Corner Attempt Triggers Financial Panic
On September 24, 1869—Black Friday—Jay Gould and James Fisk’s conspiracy to corner the gold market collapsed when the U.S. Treasury released $4 million in gold reserves, crashing the price from $163.50 to $133 per $100 in gold specie and triggering a financial panic that ruined hundreds of …
Jay Gould
James Fisk
President Ulysses S. Grant
Abel Corbin
U.S. Treasury
financial-manipulation
market-manipulation
political-corruption
gilded-age
systematic-corruption
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