Handsome DevilPosted: September 6, 2013
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.