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Handsome Devil

Posted: September 6, 2013 | Author: | Filed under: history, painting |Leave a comment

In 1899 companies were crazy.

This man, James Hazen Hyde, inherited the Equitable Life Insurance Company from his dad when he was 23.  The company had $400 million in assets.

A few years later he threw a crazy costume party.  J. P. Morgan and some other tricksters claimed he’d charged the party to the company, which I guess wasn’t true.  Hyde lost his job, and the tricksters got their  hands on the company themselves.

I hope he didn’t lose his good looks, though.

(Learned that from here and here and here).

 

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