The King, the Crook, and the Gambler: The True Story of the South Sea Bubble and the Greatest Financial Scandal in History

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9780007161782: The King, the Crook, and the Gambler: The True Story of the South Sea Bubble and the Greatest Financial Scandal in History
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An unscrupulous Englishman had the notion for a company that would establish a lucrative trade in silver and spices between England and the Americas. What the investors didn't know was that the South Sea Company barely owned a ship. In this gripping account, Malcolm Balen reveals the true story of how a simple stock-share scheme became a Dickensian web of political and financial intrigue that threatened to overturn two monarchies and topple the British government. Set in the mazy back alleys of the newly inaugurated financial districts of 1720s London and Paris, The King, the Crook, and the Gambler is a lively, fast-paced, and surprisingly epic history of how the South Sea Bubble escalated into a catastrophe that made the fortunes of few and the ruin of many -- and has proved the model for every financial bubble since.

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About the Author:

Malcolm Balen is a journalist and author. He is a former executive editor of BBC television and currently head of news for ITV in London.

Review:

“A great ripping yarn.” (Chicago Tribune)

“Brilliant.” (John Snow)

“Balen displays both understanding and incredulity in his account of the infamous 18th century trading scandal...a remarkable story.” (Kirkus Reviews)

“Balen reminds us that the murky tale of the first bubble stands as a cautionary tale for our time.” (Lisa Jardine, London Times)

“Bristles with contemporary resonance...Balen has a felicitous turn of phrase and the pace never flags.” (Financial Times)

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Book Description HarperCollins Publishers, United Kingdom, 2004. Paperback. Condition: New. American ed. Language: English. Brand new Book. An unscrupulous Englishman had the notion for a company that would establish a lucrative trade in silver and spices between England and the Americas. What the investors didn't know was that the South Sea Company barely owned a ship. In this gripping account, Malcolm Balen reveals the true story of how a simple stock-share scheme became a Dickensian web of political and financial intrigue that threatened to overturn two monarchies and topple the British government. Set in the mazy back alleys of the newly inaugurated financial districts of 1720s London and Paris, The King, the Crook, and the Gambler is a lively, fast-paced, and surprisingly epic history of how the South Sea Bubble escalated into a catastrophe that made the fortunes of few and the ruin of many -- and has proved the model for every financial bubble since. Seller Inventory # AAC9780007161782

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Book Description HarperCollins Publishers, United Kingdom, 2004. Paperback. Condition: New. American ed. Language: English. Brand new Book. An unscrupulous Englishman had the notion for a company that would establish a lucrative trade in silver and spices between England and the Americas. What the investors didn't know was that the South Sea Company barely owned a ship. In this gripping account, Malcolm Balen reveals the true story of how a simple stock-share scheme became a Dickensian web of political and financial intrigue that threatened to overturn two monarchies and topple the British government. Set in the mazy back alleys of the newly inaugurated financial districts of 1720s London and Paris, The King, the Crook, and the Gambler is a lively, fast-paced, and surprisingly epic history of how the South Sea Bubble escalated into a catastrophe that made the fortunes of few and the ruin of many -- and has proved the model for every financial bubble since. Seller Inventory # AAC9780007161782

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