Tag Archives: capitalism

February 26, 1995

On This Date in TWISTED-HISTORY.com! in 1995 the oldest investment institution in Britain collapse after one of their traders, Nick Leeson of the Singapore branch, lost over $1.5 billion dollars on futures trading. Mr. Leeson was using the bank’s money … Continue reading

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December 5, 1766

On This Date in TWISTED-HISTORY.com! in 1766, James Christie, the founder of the famous Christie auctioneers, held his first sale in London, England. It went a little something like this: “Who’ll give me a ten pounds? Ten pounds bid, now … Continue reading

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October 1, 1869

On This Date in TWISTED-HISTORY! in 1869 the first postcards were issued from Vienna and feature cute pictures of kittens asking for cheeseburgers. Capitalists in Paris saw the postcards and agree that while they are cute, wouldn’t naked pictures of … Continue reading

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