Business Scandal

Overrated For a hundred years the armor-plate scandal of the 1890s has been offered up as a definitive example of corporate greed. In fact it’s a better example of government incompetence. Read more »

By Way Of Contrast: “Uncle Dan” Drew

Daniel Drew (1797–1879) was a short, chunky man with a face as seamed and wrinkled as a prune; he walked with a stealthy tread, like a cat; his attire was downright dowdy; he affected the bland, who-me? air of a hedgerow parson. Yet for a quarter-century this man was one of the most justly feared in the financial circles of nineteenth-century America.