What Are You Living For?

In 1923, a group of the world's most successful financiers met at the Edgewater Beach Hotel in Chicago.

Present were:
-The president of the largest independent steel company.
-The president of the largest utility company.
-The greatest wheat speculator.
-The president of the New York Stock Exchange.
-A member of the President's Cabinet.
-The greatest "bear" in Wall Street.
-The head of the world's -greatest monopoly.
-The president of the Bank of International Settlements.

Here were gathered a group of the world's most successful men... men who had found the secret of "making, money."

25 years later:

-The president of the largest independent steel company Charles Schwab - lived borrowed money the last five years of his 1ife, and died broke.

-The president of the largest utility company, Samuel Insull - died a fugitive from justice and penniless in a foreign land.

-The greatest wheat speculator - Arthur Cutten died abroad, insolvent.

-The president of the New York Stock Exchange Richard "Whitney - was recently released from Sing Sing.

-The member of the President's Cabinet - Albert Fall - was pardoned from prison so he could die at home.

-The greatest "bear" in Wall Street - Jesse Livermore - committed suicide.

-The head of the world's greatest monopoly - Ivar Kreuger - committed suicide.

-The president of the Bank of International Settlement - Leon Fraiser - committed suicide.

All of these men learned how to make money, but not one of them had learned how to live.

What Are You Living, For?

Page updated 12/10/1999