S3E5: Scam 1865: Bank Of Bombay Falls | Bombay Born 5

Historychatter Podcast

Mumbai or Bombay was struck by the first major share market scandal in India in 1865.

The American Civil War and the sudden cotton export boom it had caused suddenly brought massive fortunes in the hands of speculators.
From merchant princes to lowly menials, everyone in Bombay jumped right into the speculation mania.

In the second part of understanding the effects of the cotton bubble burst, we look into the details to learn the reasons behind the burst and how a few leading brains had more or less consciously manufactured the crisis.

Join us on this 10-part journey as we decode, the rise of Bombay

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