The Hendersons became very wealthy when John Henderson bought up enormous quantities of supposedly worthless bonds that Missouri counties had issued after the war.
About 23,000 customers were left with worthless bonds.
There would no longer be the slightest need to emigrate or to transfer the property for worthless bonds to him.
Governments froze bank accounts and seized deposits, exchanging them for nearly worthless bonds, and repeatedly devalued the country's currency, wiping out savings.
North thus managed to secure a large share of the Chilean nitrate industry for a very small initial investment in almost worthless bonds.
You sell a worthless bond, and nobody lays a hand on you.
When Lincoln failed in 1989, it cost the federal government over $3 billion and about 23,000 customers were left with worthless bonds.
With that, Bert gathered the worthless bonds and documents and put them all in the box.
In April 1989, Lincoln failed; about 23,000 customers were left with worthless bonds, and many elderly investors lost their life savings.
Three men have been charged with trying to sell worthless Indonesian bonds for $15 million.