Nina Kalinina on Nostr: Forbes 1926: No investor ever lost a dollar in Miller bonds. "We reaffirm this ...
Forbes 1926: No investor ever lost a dollar in Miller bonds. "We reaffirm this opinion now. A bond which needs a guarantee to make it safe should not be offered."
New York Times 1929: BANKRUPT COMPANY TO PAY 100% ON DEBTS; G.L. Miller Bond and Mortgage Corp., Liquidated, Yields for Stockholders a Dividend of 62%.
Huh, it seems _this_ time investors didn't lose any dollars.