Will H Hayes's Story About the Bonds

Sain rhad given a loan of a hundred and 85 thousand dollars worth of bonds. Hayes then approached other tycoons and said that if they donated moneys to help pay off the debts of the campaign, he would trade them an equal amount of sint clair's bonds for their cash. It also turned out that the bonds were produced as a way of laundering the profits from the sale of oil through a shell company. By the late 19 twenties, hayes and his team had lost the ity to effectively enforce their policies. After the wall street crash of 19 29, as the depression set in, bock' office steadily fell off.