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Ferdinand De Wilton Ward, Jr. (1851–1925), known first as the "Young Napoleon of Finance," [1] and subsequently as "the Best-Hated Man in the United States," was an American swindler. The collapse of his Ponzi scheme caused the financial ruin of many people, including famous persons such as Thomas Nast and the former U.S. President Ulysses S ...
In May 1884 the two firms, the Marine National and the brokerage firm Grant and Ward, crashed when their owners’ speculative investments lost value. The failure of Grant and Ward [3] and Marine National Bank tipped off the Panic of 1884. [7] When the firms collapsed, it had a ripple effect across Wall Street, causing other firms to fail.
At the same time, Grant's son Ulysses Jr. ("Buck") had opened a Wall Street brokerage house with Ferdinand Ward. Ward was regarded as a rising star, and the firm, Grant & Ward, was initially successful. [28] In 1883, Grant joined the firm and invested $100,000 of his own money. [29]
He entered into a partnership in a banking and brokerage firm with Ferdinand Ward. Grant and his father each invested $100,000 in the firm as two of the four partners, and sought investments from veterans and millionaires. However, neither Grant practiced due diligence in overseeing the operations of the firm, Grant & Ward.
William Dudley Ward, grandson of Humble Dudley Ward, second son of the 10th Baron Ward, was a Liberal politician. He married the socialite Freda May Birkin. Their daughter Penelope Dudley-Ward was a well-known actress. Sir John Hubert Ward (1870–1938), second son of the first Earl, was a major in the army and courtier.
Various networks and news outlets in North America have provided official live video streams of news for most or all of the day, as described below. The ABC Television Network has provided a live streaming service of world news, known as "ABC News Live," for eighteen hours per day, since 2018. This is available via ABC's official platform on ...
Saint Meinrad Archabbey is a Catholic monastery in Spencer County, Indiana, US, was founded by monks from Einsiedeln Abbey in Switzerland on March 21, 1854, and is home to approximately 79 monks. [1]
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