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 menwere consideredsome of the worlds most successfulof their days. Now,80 years later,the history book asks us,if we knowwhat 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 prisonto die at home.4. The greatest wheat speculator,Arthur Cooger,died abroad, penniless.5. The presidentofthe 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 Championandthe winner ofthemost important golf tournament,the US Open,wasGene Sarazen.What became of him?He played golf until he was 92,died in 1999 at the age of 95.He was financially secureat the time of his death.The Moral:Screw work.Play golf.