comparemela.com

Latest Breaking News On - Rich oil man - Page 1 : comparemela.com

Detailed text transcripts for TV channel - MSNBC - 20140426:10:19:00

why everybody think it s haunted, is albert humphries. a rich oil man. in the 1920s, a.e. humphries made the oil deal of a lifetime. he sold more than 300 million barrels of oil to a company that didn t really exist. and by using that fake company and this huge oil deal, he started the ball rolling on what was and remains one of the greatest american political scandals of all time those 300 million barrels of oil, he sold them to a whole bunch of oil executives, executives of other oil companies, for $1.50 a barrel. those oil executives then turned around and sold the same oil to their respective companies at $1.75 a barrel. and they kept the difference. they needed the fake companies, the middleman in order to disguise that they were keeping the markup. and that markup was a huge deal. in the 1920s, that deal produced an $8.3 million slush fund for these guys. and what did they do with their huge slush fund?

Soil
Barrels
Albert-humphries
Company
Didn-t
Everybody
Oil-deal-ofa-lifetime
Rich-oil-man
Ae
300-million
1920
Scandals

Detailed text transcripts for TV channel - MSNBC - 20140426:01:19:00

elbert humphries. a rich oil man. in the 1920s, a.e. humphries made the oil deal of a lifetime. he sold more than 300 million barrels of oil to a company that didn t really exist. and by using that fake company and this huge oil deal, he started the ball rolling on what was and remains one of the greatest american political scandals of all time those 300 million barrels of oil, he sold them to a whole bunch of oil executives. executives of other oil companies, for $1.50 a barrel. those oil executives then turned around and sold the same oil to their respective companies at $1.75 a barrel. and they kept the difference. they needed the fake companies, the middleman in order to disguise that they were keeping the markup. and that markup was a huge deal. in the 1920s, that deal produced an $8.3 million slush fund for these guys. and what did they do with their huge slush fund?

Soil
Barrels
Elbert-humphries
Company
Didn-t
Oil-deal-ofa-lifetime
Rich-oil-man
Ae
300-million
1920
Bunch
Scandals

© 2024 Vimarsana

vimarsana © 2020. All Rights Reserved.