The EdgeWater Beach Hotel
In 1923, at the Edgewater Beach Hotel in Chicago, eight of the world's wealthiest financiers met. These eight men controlled more money than the United States' government at that time. They included:
1 - The president of the largest independent steel company;
2 - The president of the largest gas company;
3 - The greatest wheat speculator;
4 - The president of the New York Stock Exchange;
5 - A member of the President's cabinet;
6 - The greatest "bear" on Wall Street;
7 - The head of the world's greatest monopoly;
8 - The president of the Bank of International Settlement;
Certainly, one would have to admit, that a group of the world's most successful men was gathered in that place; at
least, men who had found the secret of "earning money."
Now let's see where these men were twenty-five years later:
1 - The president of the largest independent steel company, Charles Schwab, lived on borrowed money for 5 years before he died bankrupt.
2 - The president of North America's largest gas company, Howard Hopson, went insane.
3 - The greatest wheat speculator, Arthur Cutton, died abroad, insolvent.
4 - The president of the New York Stock Exchange, Richard Whitny, was sent to Sing Sing Penitentiary.
5 - A member of the President's cabinet, Albert Fall, was pardoned from prison so he could die at home.
6 - The greatest "bear" on Wall Street, Jesse Livermore, died a suicide.
7 - The head of the greatest monopoly, Ivar Krueger, killed himself.
8 - The president of the Bank of International Settlement, Leon Fraser, also died a suicide.
Each of these men learned well the art of earning money, but it would seem that not one of them had ever learned how to live the "rich life", which was their birthright.
This was an excerpt from a book titled "You Were Born Rich" by Bob Proctor. I think some of the brass
(self-serving crooks) that are involved with YNG just might be reading about their own futures.
Hans