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Beware the wildcat stock swindle during wartime profits
A historical warning recalls how wartime bond sales spurred a surge of “war babies” and then crooks who sold stock with misrepresentation. Salesmen promised huge profits and quick payoffs while exploiting investors who exchanged bonds for notes. Receiverships, bankruptcies, and public warnings followed. the piece urges caution and recommends investing only in established, reputable companies.
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Hamburg
Omaha