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Windfall
- Viola MacMillan and Her Notorious Mining Scandal
Engelsk Paperback

Windfall

- Viola MacMillan and Her Notorious Mining Scandal
Engelsk Paperback

182 kr
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Om denne bog
Viola MacMillan had it all: success, money, and respect. Influence, even. But in 1964, after three decades in the mining industry, one of the most fascinating women in Canadian business history was the central character in one of the country''s most famous stock scandals. MacMillan, who started out as a prospector in the ''30s, had developed lucrative mines and put together big deals. But she still wanted ''a major discovery.'' Early in July 1964, shares in Windfall Oil and Mines, a company she and her husband controlled, traded for around 56 cents. Then one day, the stock took off. In the absence of any information from the company about what it had found near Timmins on its claims, rumours and greed pushed the share price to a high of 5.70USD. MacMillan stayed quiet. Finally, after three weeks, Windfall admitted it had nothing. So many small investors lost money when the stock crashed that the Ontario government appointed a royal commission to examine what had happened, which led to changes at the Ontario Securities Commission and the Toronto Stock Exchange. Although MacMillan spent a few weeks in prison, she later received a pardon and the Order of Canada.
Product detaljer
Sprog:
Engelsk
Sider:
320
ISBN-13:
9781770419957
Indbinding:
Paperback
Udgave:
ISBN-10:
1770419950
Udg. Dato:
20 mar 2025
Længde:
20mm
Bredde:
152mm
Højde:
228mm
Forlag:
ECW Press,Canada
Oplagsdato:
20 mar 2025
Forfatter(e):
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