LexBeyond

Bucket Shops: The Original Financial Grift - Ep. 14

15:30

Key Takeaways

You can take the speculator out of the bucket shop, but you can’t take the bucket shop out of the speculator.

* The original “bucket shop” was literal sludge as Lex and Bianca trace the term from 19th‑century England’s beer dregs to America’s first mass‑market speculation boom.

* Technology created the first retail trading frenzy with Edison’s quadruplex telegraph and the stock…