The Iron That Never Cooled
The first breach came at the stroke of noon, when Cornelius Van Rensselaer watched the ticker tape stutter and die in the middle of a Northern Pacific consolidation order, and he did not throw his inkwell at the wall. That was the first sign. In forty years of trading, through the Panic of 1873, through the silver collapse of 1893, through three recessions and two railroad bankruptcies,...
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