Difference between revisions of "Daniel Drew"
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| − | '''Daniel Drew''' (1797–1879) was a [[Wall Street]] insider during the [[Gilded Age]]. His was a rags-to-riches-to-rags story that began with little formal education as a child. He earned a fortune by manipulating [[stock]] on Wall Street, founding the successful brokerage firm of [[Drew, Robinson & Company]] in 1844. Ultimately he was betrayed by [[James Fiske]] and [[Jay Gould]], two other Wall Street insiders, and died penniless. | + | '''Daniel Drew''' (1797–1879) was a [[Wall Street]] insider during the [[Gilded Age]]. His was a rags-to-riches-to-rags story that began with little formal education as a child. He earned a fortune by manipulating [[stock]] on Wall Street, founding the successful brokerage firm of [[Drew, Robinson & Company]] in 1844. Ultimately he was betrayed by [[James Fiske]] and [[Jay Gould]], two other Wall Street insiders, and died penniless. He was an early investor in the [[Western Union]] company, and advocated (unsuccessfully) that Western Union invest in the [[telephone]]. |
He is famously known for his remark that all he wanted in a deal was "a little unfair advantage."{{fact}} | He is famously known for his remark that all he wanted in a deal was "a little unfair advantage."{{fact}} | ||
Revision as of 02:44, August 31, 2007
Daniel Drew (1797–1879) was a Wall Street insider during the Gilded Age. His was a rags-to-riches-to-rags story that began with little formal education as a child. He earned a fortune by manipulating stock on Wall Street, founding the successful brokerage firm of Drew, Robinson & Company in 1844. Ultimately he was betrayed by James Fiske and Jay Gould, two other Wall Street insiders, and died penniless. He was an early investor in the Western Union company, and advocated (unsuccessfully) that Western Union invest in the telephone.
He is famously known for his remark that all he wanted in a deal was "a little unfair advantage."[Citation Needed]