Chapter 12. At the Scene of the Crime: Funds Became Part of the Happy Conspiracy

 

“Let the buyer beware; that covers the whole business. You cannot wet nurse people from the time they are born until the day they die. They have to wade in and get stuck and that is the way men are educated and cultivated.”

 
 --H.O. Havemeyer, leader of the powerful sugar trust, in Congressional testimony in 1899, arguing that investors should be left to fend for themselves

Somewhere out there—scattered across cities, towns, and villages in the United States and Germany—are thousands of individuals whose shares were at the center of high stakes allegations of vote-buying involving one of the world’s most powerful banks and the $19 billion merger of two of the biggest ...

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