Synopses & Reviews
For two years, "Bre-X" was the darling of the world's stock markets. Millionaires were created overnight as the company's officers announced the world's biggest gold find. Instead it turned out to be a $6-billion illusion.
Until the scare was uncovered, however, everyone from Wall Street to Bay Street, the world's largest mining and mutual fund companies, the children and the cronies of Indonesian president Suharto and former heads of state around the world were sucked into a fight for gold that didn't exist.
The party ended March 19, 1997 with the reported death of Bre-X chief geologist, Filipino born Michael de Guzman. It was alleged that he committed suicide because he had contracted a fatal disease. His death, or disappearance, marked the beginning of the end of Bre-X.
Diane Francis and a team of eight researchers on three continents expose the anatomy of the world's biggest stock fraud. Noted journalist and best-selling author of Contrepreneurs, a book about white collar crimes, stock and mining frauds and money laundering, Francis taps into her extensive network of police and global business contacts to uncover the who, how, what, where and when behind the $6-billion illusion.
Synopsis
For 2 years, BRE-X was the darling of the world's stock markets. Millionaires were created over night; until the scam was uncovered.