#4 The Remarkable Life and Turbulent Times of Joseph P. Kennedy
Founders
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How Kennedy Built the Gower Street Company
Kennedy cornered as much FBO stock as he could, then pooled his holdings in a newly organized corporate entity. Kennedy had been selling path stocks short since the previous August, yet another side business. The net profits from the sale of these shares, which Kennedy disposed of at or just before delivery, told a little over $579,000 worth more than $7 million today.
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