Al Capone

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Title: Al Capone

Essay Details:

Subject: American History

Author: Wendi C

Date: April 11, 2014

Level:

Grade: A

Length: 17 / 4843

Essay text:

Many of these investors were already wealthy, but others were average Americans who hoped to strike it rich. As stock prices rose, several problems became evident. More and more investors were engaging in speculation, the buying of stocks and bonds on the chance that they might make a quick or a large profit, ignoring the risks. Their unrestrained buying and selling fueled the market’s upward spiral. As prices rose, wealth was generated on paper, but it bore little relation to the real worth of companies or the goods that they produced. The price of stocks had little relationship to the dividends the stocks paid...

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