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Q: What do JFK, Soybean Oil, fraud and Warren Buffet have in common?

A: They were all involved in the stock market correction of November 1963 and one of the weirder stories from US stock market history.

Rather than type out the whole story, here's links to better summaries with better writers than me.


Investopedia - "What is the salad oil scandal"

NYT - "The Vanishing Salad Oil: A $100 Million Mystery"

Business Insider - "How The Salad Oil Swindle Of 1963 Nearly Crippled The NYSE"

Cross Post from /r/TheWallStreet



Submitted May 26, 2018 at 09:29PM by Lost_in_Adeles_Rolls https://ift.tt/2sd00BH

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