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Business & Money

The Bre-X Fraud

The Bre-X Fraud
- Used Book in Good Condition
The history books will add the Bre-X saga to other legendary frauds like the South Sea Bubble. When the Bre-X bubble burst, the stock that had soared from fifty cents in 1994 to the equivalent of $286 in 1996 was worth nine cents in May 1997, before trading halted forever. And the Busang deposit, supposedly as much as 200 million ounces of gold, worth about $70 billion U.S. â€“ the biggest gold find in history â€“ was actually the centuryâ€™s biggest fraud.

How did this happen, right under the noses of the financial world?

In this book the experienced investigative team from The Globe and Mailâ€™s Report on Business that broke the story of Bre-Xâ€™s troubles has combined forces to answer that question. With literally hundreds of Bre-X interviews behind them, and drawing on resources from several continents, they have been able to explain the twists and turns of this complex tale. The result is a fascinating true story that reads like the wildest fiction.
Country USA
Brand McClelland & Stewart
Manufacturer McClelland & Stewart
Binding Hardcover
ReleaseDate 1997-08-29
UnitCount 1
EANs 9780771033346

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