| INSULL QUIZ ON! Chicago's State Attorney tells us of plans to prosecute those responsible for the Insull fraud. | ||
|---|---|---|
| This clip is not available for streaming at this time. Please contact WPA. | Tape Master: | 7513 |
| Catalog #: | 502943 | |
| Clip Number: | 502943-1 | |
| Orginal Film: | UN 146 C | |
| Timecode: | 01:08:17 - 01:08:48 | |
| Location: | Chicago, Illinois, United States of America. | |
| Year Shot: | 1930 (Estimated Year) | |
| Audio: | Yes | |
| Color: | No | |
| Headings: | CRIME: White-Collar / Fraud LOCATIONS/NORTH AMERICA: USA, Illinois, Chicago OCCUPATIONS: Law Enforcement, Lawyers | |
| Description: | "Insull Quiz On! Chicago State's Attorney Swanson promises action to 500 investors." Insull's holding company collapsed during the Great Depression, wiping out the life savings of 600,000 shareholders. This led to the enactment of the Public Utility Holding Company Act of 1935. Chicago, Illinois, United States of America. State Attorney Swanson sits with various elderly ladies who are amongst the investors who lost money to the fraudster / criminal Samuel Insull. He says that those responsible will be brought to justice for their part in the fraud. | |


