Albert Oustric, Date of Birth, Place of Birth, Date of Death
TweetAlbert Oustric
French private banker
Date of Birth: 
Place of Birth: Carcassonne, Occitania, France
About Albert Oustric
- Albert Oustric (2 September 1887 – 16 April 1971) was a French entrepreneur and banker.
- He was the son of a cafe proprietor, and held various jobs before managing to raise capital for a hydro power generation company.
- He founded a small bank in 1919 and specialized in turning around enterprises that were in financial difficulty through debt consolidation and the sale of shares at inflated prices.
- He invested in a wide range of industries from mining to leather goods and retail banking.
- His group was bankrupted by the economic crisis that started in 1929, and many small depositors were ruined.
- Oustric was found guilty of fraud and embezzlement and spent several years in prison.
- A commission of inquiry found that several politicians had protected Oustric, including the Minister of Justice.
- The Senate tried and acquitted them.
Read more at Wikipedia
Image Author, Source and License
Author:
Source:
Bibliothèque nationale de France, département Estampes et photographie, EI-13 (2879)
License: PD-author
More Details
Agence de presse Meurisse
  |
|||
|---|---|---|---|
| Alternative names | Agence Meurisse | ||
| Description | French | ||
| Work period | between 1909 and 1937 | ||
| Authority control | |||
Source:
|
This image comes from Gallica Digital Library and is available under the digital ID btv1b90297855/f1 This tag does not indicate the copyright status of the attached work. A normal copyright tag is still required. See Commons:Licensing. |
License: PD-author
More Details