the hunt brothers attempted to squeeze silver.
100 MILLION OUNCES...
... and the fed pimp hand came barreling down.
The U.S. Securities and Exchange Commission (SEC) later launched an investigation into the Hunt brothers, who had failed to disclose that they in fact held a 6.5% stake in Bache.[3]
In 1988, the brothers were found responsible for civil charges of conspiracy to corner the market in silver. They were ordered to pay $134 million in compensation to a Peruvian mineral company that had lost money as a result of their actions. This forced the brothers to declare bankruptcy, in one of the biggest such filings in Texas history.[5]
the royal family has shuffled off monstrosities to luny-bins for long time.
this shit is real & fucked.