3min chapter

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#55 Tycoon's War: How Cornelius Vanderbilt Invaded a Country to Overthrow America's Most Famous Military Adventurer

Founders

CHAPTER

The Uncertainty That Caused Vanderbilt to Rebuild His Stock Holding

Vanderbilt accused Morgan and Garrison of incompetent management, misappropriation of funds. Judge issued injunction that prevented them from issuing more stock or entering into new contracts with the company. With share price down, Vanderbilt began to acquire accessory transit company stock. Month by month, Vanderbilt discreetly rebuilt his stock holding in the company he tried to destroy.

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