The first time it happened, Edward Ashworth was sitting in a boardroom on Wall Street listening to a man explain why the steel industry was poised for unprecedented growth.
The man was fifty years old, had forty years of experience, and was wrong. Because in that moment, sitting in a leather chair beneath a crystal chandelier, Edward Ashworth knew— knew with the same absolute certainty that he knew his own name—that within eighteen months, every steel company in Pennsylvania would be bleeding money. Within two years, three of them would be bankrupt. Within five,...
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