A Summary Of Black Friday Scandal

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In two or more sentencesBlack Friday Scandal: With the black friday scandal it had an issue with a man stealing Gold to trade it and swap with others on secret Dark Web pages that he created, but overall the money went to the head man in charge. And that man's name is Jay Gould. Which is sorta funny considering that he was stealing and trading gold and his own last name was Gould. In the early 1869 he made the most big and vivacious market called the "Gold Market". And since Gold was very rare around that time, it was even easier for Gould to go off and make the prices for the Gold even higher than it actually was. So he began to start and rip other people off of their money when they were doing trades in this so called "Gold Room". Soon Gould began to steal gold even form …show more content…

Some Congressmen started with the idea of building a so called railroad. They told all of the men that were around them of how good of an idea it was for them to go and make this railroad. SO tons of people gave money for the railroad, because it was a great means of travel and would help them get to their destination. No one was paying attention to exspenses which was already a big deal for people to not see how much that this was going to affect them in the long road with their own money. While the men watched everyone be dumb and idiotic about their money, they soon had what were others money and put it in their very own pockets! Sooner than later they discovered of what had happended and sent people to serch fo those who had stolen their money. Most would have thought taht crooks would have done something of that sort, but no, It ws highly respected congressmen who had everything they could possibly want, but then took the money of the people who barely had enough to keep the railroad