Story With A Moral
In 1923, Who Was:
1. President of the largest steel company?
2. President of the largest gas company?
3. President of the New York Stock Exchange?
4. Greatest wheat speculator?
5. President of the Bank of International
Settlement?
6. Great Bear of Wall Street?
These men were considered some of the worlds
most successful of their days.
Now, 80 years later, the history book asks us,
if we know what ultimately became of them.
The Answers:
1. The president of the largest steel company.
Charles Schwab, died a pauper.
2. The president of the largest gas company,
Edward Hopson, went insane.
3. The president of the NYSE, Richard Whitney,
was released from prison to die at home.
4. The greatest wheat speculator, Arthur Cooger,
died abroad, penniless.
5. The president of the Bank of International
Settlement, shot himself.
6. The Great Bear of Wall Street, Cosabee
Livermore, also committed suicide.
However: in that same year, 1923, the PGA
Champion and the winner of the most
important golf tournament, the US Open, was
Gene Sarazen.
What became of him?
He played golf until he was 92, died in
1999 at the age of 95.
He was financially secure at the time of
his death.
The Moral: Screw work. Play golf. 