What Was the East India Company Scandal?

The east india company was first chartered by louis the fourteenth back in 16 64, to help the french compete with the eng and dutch. But as everyone discovered over the next century or so, state chartered monopolies are a horrible, horrible way to do business. The scandal itself is that, with the company slated for liquidation, financial speculators with insider information started manipulating the po cess into selling stock short. This speech re energized the radicals. Colot then teemed up with his fellow radical on the committee of public safety, jacques nicolas bio varen,. Together they got the new oversight panel shut down fore it even started up.