The Academic Minute: The Long History of Financial Fraud
UMBC’s Amy Froide, professor of history, discusses the Charitable Corporation’s financial disaster of 1732. “The Charitable Corporation was notable in having a high proportion of female investors—35 percent of the funders in the 1700s were women,” Froide explains. “When the financial scandal came to light, it was these women who led activist shareholders to call for government compensation.” Continue Reading The Academic Minute: The Long History of Financial Fraud