Title: Richard Whitney Description: Richard Whitney (1888-1974), American financier and President of the New York Stock Exchange (1930-1935), shown in 1929, when he represented J. P. Morgan and other giant financial firms in an attempt to shore up the failing stock market by making huge buys of blue chip stock, an effort that proved futile as the market eventually collapsed; Whitney' own fortunes went to ruin in the mid-1930s; he acquired uncollateralized loans he never intended to repay as well as embezzled fortunes from the portfolios of customers he managed, and stole more than $800,000 worth of bonds form his father-in-law's estate; he was convicted of embezzlement and sent to New York's Sing Sing Prison to serve between five to ten years; business leaders; embezzlers; financiers; financial crisis; financial institutions; fraud; Great Depression; Keywords: investors, stock market, swindlers, Wall Street Orientation: Vertical Dimensions: 1200 x 2569 (3.08 MPixels) (2.14) Print Size: 10.2 x 21.8 cm; 4.0 x 8.6 inches File Size: 8.83 MB (9,258,906 Bytes) Resolution: 300 x 300 dpi Color Depth: 16.7 million (24 BitsPerPixel) Compression: None Image Number: 0000096221 Source: Jay Robert Nash Collection
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