James Fisk

Black Friday - Gould and Fisk Gold Corner Attempt Triggers Financial Panic

1869-09-24 00:00:00 +0000 UTC | Importance: 9/10

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

Erie War Escalates - Gould and Fisk Flee to Jersey with $7 Million in Watered Stock

1868-03-04 00:00:00 +0000 UTC | Importance: 9/10

The Erie War reached its climax in early March 1868 when Jay Gould, James Fisk, and Daniel Drew, facing arrest warrants from Judge George Barnard after issuing $5 million in fraudulent Erie Railroad stock, fled across the Hudson River to Jersey City with $7 million in cash and watered stock …

Jay Gould James Fisk Daniel Drew Cornelius Vanderbilt Erie Railroad +2 more corporate-fraud stock-manipulation political-corruption gilded-age railroad-consolidation