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The Secret History of the South Sea Bubble: The World's First Great Financial Scandal: Book by Malcolm Balen

The Secret History of the South Sea Bubble: The World's First Great Financial Scandal

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ISBN: 9780007161782    Publisher: HarperCollins Publishers Year of publishing: 2004     Format:  Paperback No of Pages: 256        Language: English

An unscrupulous Englishman had the notion for a company that would establish a lucrative trade in silver and spices between England and the Americas. What the investors didn't know was that the South...Read more

An unscrupulous Englishman had the notion for a company that would establish a lucrative trade in silver and spices between England and the Americas. What the investors didn't know was that the South Sea Company barely owned a ship. In this gripping account, Malcolm Balen reveals the true story of how a simple stock-share scheme became a Dickensian web of political and financial intrigue that threatened to overturn two monarchies and topple the British government. Set in the mazy back alleys of the newly inaugurated financial districts of 1720s London and Paris, The King, the Crook, and the Gambler is a lively, fast-paced, and surprisingly epic history of how the South Sea Bubble escalated into a catastrophe that made the fortunes of few and the ruin of many -- and has proved the model for every financial bubble since.
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About the author: Malcolm Balen
Malcolm Balen is the author of a much praised biography of Kenneth Clarke. With a degree in History from Cambridge, he is currently editor of ITN’s Carlton... Read more
Malcolm Balen is the author of a much praised biography of Kenneth Clarke. With a degree in History from Cambridge, he is currently editor of ITN’s Carlton news, having previously worked as editor of the BBC Nine O’Clock news and for Channel 4.
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Review:
A great ripping yarn."--Chicago Tribune

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