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- Q16060049 description "American businessman".
- Q16060049 description "American businessman".
- Q16060049 subject Q16816237.
- Q16060049 subject Q6936092.
- Q16060049 subject Q7820645.
- Q16060049 subject Q8180889.
- Q16060049 subject Q8248427.
- Q16060049 abstract "Henry S. Ives (circa 1862–1894) was an American financier, speculator and stock manipulator, the "Napoleon of Finance," who caused a brief but spectacular Wall Street scandal in the 1880s.Ives was born in Connecticut and arrived penniless in New York City as a young man. "Baby-faced, slight of build, and short", he rose from a salary of $10 per week, to controlling millions of dollars of property, within five years.With partners George H. Stayner and Thomas C. Doremus, he founded the firm of Henry S. Ives and Company in 1886, while still in his 20s. The firm immediately began acquiring the stocks of railroad companies, inflating their stock prices, which provided additional borrowing leverage for more acquisitions, then raiding their corporate treasuries once they'd assumed control. He controlled the Mineral Range Railroad in Michigan, the Terre Haute and Indianapolis, and his largest conquest was the Cincinnati, Hamilton and Dayton Railway in 1886.In May 1887 the expulsion and later unexplained re-admission of Doremus as a member of the New York Stock Exchange caused a disruption in the NYSE's Board of Governors, including resignations within the governing committee.When Ives attempted a takeover of the venerable but troubled Baltimore and Ohio Railroad he provoked a legal and financial battle with its chief, Robert Garrett (son and successor of John W. Garrett). This triggered a collapse of the entire scheme on August 11, 1887. That announcement, at ten minutes before the close, caused unrestrained cheering on the NYSE trading floor. Ives's total liabilities amounted to $25,000,000. Creditors eventually settled for five cents on the dollar. Ives and Stayner were tried for grand larceny in September 1889 but acquitted on a hung jury.Ives died of tuberculosis in Asheville, North Carolina, five years after the trial.".
- Q16060049 deathDate "1894".
- Q16060049 deathYear "1894".
- Q16060049 wikiPageWikiLink Q13677.
- Q16060049 wikiPageWikiLink Q16816237.
- Q16060049 wikiPageWikiLink Q2972703.
- Q16060049 wikiPageWikiLink Q6262288.
- Q16060049 wikiPageWikiLink Q6936092.
- Q16060049 wikiPageWikiLink Q7820645.
- Q16060049 wikiPageWikiLink Q805757.
- Q16060049 wikiPageWikiLink Q8180889.
- Q16060049 wikiPageWikiLink Q8248427.
- Q16060049 dateOfDeath "1894".
- Q16060049 name "Ives, Henry S.".
- Q16060049 shortDescription "American businessman".
- Q16060049 type Person.
- Q16060049 type Agent.
- Q16060049 type Person.
- Q16060049 type Agent.
- Q16060049 type NaturalPerson.
- Q16060049 type Thing.
- Q16060049 type Q215627.
- Q16060049 type Q5.
- Q16060049 type Person.
- Q16060049 comment "Henry S. Ives (circa 1862–1894) was an American financier, speculator and stock manipulator, the "Napoleon of Finance," who caused a brief but spectacular Wall Street scandal in the 1880s.Ives was born in Connecticut and arrived penniless in New York City as a young man. "Baby-faced, slight of build, and short", he rose from a salary of $10 per week, to controlling millions of dollars of property, within five years.With partners George H. Stayner and Thomas C.".
- Q16060049 label "Henry S. Ives".
- Q16060049 givenName "Henry S.".
- Q16060049 name "Henry S. Ives".
- Q16060049 name "Ives, Henry S.".
- Q16060049 surname "Ives".