t　of　the　New　York　Stock　Exchange；　Arthur　Cotton　and　Jesse　Livermore；　two　of　the　biggest　stock　speculators；　and　Albert　Fall；　a　member　of　President　Harding's　cabinet。　Twenty　five　years　later　nine　of　them　（those　listed　above）　ended　as　follows。　Schwab　died　penniless　after　living　for　five　years　on　borrowed　money。　Instill　died　broke　living　in　a　foreign　land。　Kreuger　and　Cotton　also　died　broke。　Hopson　went　insane。　Whitney　and　Albert　Fall　were　just　released　from　prison。　Fraser　and　Livermore　mitted　suicide。

I　doubt　if　anyone　can　say　what　really　happened　to　these　men。　If　you　look　at　the　date；　1923；　it　was　just　before　the　1929　market　crash　and　the　Great　Depression；　which　I　suspect　had　a　great　impact　on　these　men　and　their　lives。　The　point　is　this：　Today　we　live　in　times　of　g