To Make a Killing
eBook - ePub

To Make a Killing

Arthur Cutten, the Man Who Ruled the Markets

  1. 270 pages
  2. English
  3. ePUB (mobile friendly)
  4. Available on iOS & Android
eBook - ePub

To Make a Killing

Arthur Cutten, the Man Who Ruled the Markets

About this book

One of the wildest, most spectacular decades in American history, the 1920s were a period of unprecedented growth and mass consumerism. In the New Era, people drank in speakeasies, danced to jazz, idolized gangsters, and bet their life savings on stocks.

Born and raised in a small Canadian town, Arthur Cutten went to Chicago in 1890 with ninety dollars to his name. Through utter ruthlessness, he amassed a fortune trading in grain futures and stocks. Cutten was heralded as the modern Midas, and his every move was followed by the masses, who believed they could get rich quick. But everything changed after the crash of 1929. The heroes of prosperity became the villains of the Great Depression. Determined to crack down on the "banksters," the Roosevelt administration launched an all-out attack on those it blamed for the collapse – and Cutten was at the top of the list. A US Senate committee probed how he manipulated stock prices. The Grain Futures Administration moved to bar him from trading. And the Bureau of Internal Revenue indicted him for income tax evasion. But the wily operator won on every count: he emerged from the Senate investigation unscathed, maintained his grain trading privileges after a victory in the Supreme Court, and left almost nothing for the tax collectors upon his death.

To Make a Killing tells the tale of Cutten's journey to fabulous wealth, the forces that propelled him, and the fascinating characters in his life.

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Information

Table of contents

  1. Cover Page
  2. Title Page
  3. Copyright
  4. Dedication
  5. Contents
  6. Figures
  7. Acknowledgments
  8. Prologue
  9. 1 A Strange Dream
  10. 2 The Apprentice
  11. 3 Of Foe and Friend
  12. 4 Sunny Acres, Movers and Shakers
  13. 5 Robbery and Retribution
  14. 6 Wheat King
  15. 7 Taking New York
  16. 8 Cutten Fields
  17. 9 Cheerleaders
  18. 10 Carnage
  19. 11 Holdup on the Gold Coast
  20. 12 At the Dawn of the Dirty Thirties
  21. 13 The Pecora Commission
  22. 14 The Last Laugh
  23. 15 Final Threads
  24. 16 The Measure of a Man
  25. Appendix: Cutten’s Way
  26. Chronology
  27. Notes
  28. Bibliography
  29. Index