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TIL Of the Bre-X fraud. The Canadian mining company was a penny stock that reportedly found billions of dollars of gold in Indonesia. The stock skyrocketed but collapsed following the suicide of one of the geologists and discovery that the core samples were salted.
en.wikipedia.orgSubmitted by jamescookenotthatone t3_yvuzym in todayilearned
TIL JP Morgan bailed out banks in 1907 but a severe recession occured anyway. Nelson Aldrich, a powerful senator with close ties to Morgan, led a mission to Europe in 1908 to study the workings of the central banks in England, France and Germany. The Federal Reserve was created a short time later
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PsBattle: sunflowers growing out of a sunflowerSubmitted by sequoia_driftwood t3_yx8qgp in photoshopbattles
The cable station that taught me to love Philadelphia sports and soft core pornSubmitted by mikeyv683 t3_yxauu0 in philadelphia
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