Windfall: Viola Macmillan and Her Notorious Mining Scandal - Softcover

Falconer, Tim

Softcover

ISBN 10: 1770419950 ISBN 13: 9781770419957

Verlag: ECW Press,Canada, 2025

Inhaltsangabe

The fascinating true story of Viola MacMillan and the scandal that transformed the Toronto Stock Exchange

Viola MacMillan had it all: success, money, respect … and even influence. But in 1964, after three decades in the mining industry, one of the most fascinating women in Canadian business history was the central character in one of the country’s most famous stock scandals.

MacMillan was a prospector who’d gone on to put together big deals, develop lucrative mines, and head a major industry association — all at a time when career women were a rarity. But she still dreamed of “a major discovery.” Early in July 1964, shares in her company, Windfall Oil and Mines, took off. In the absence of any information about what Windfall had found on its claims near Timmins, rumours and greed pushed the share price to a high of $5.70. MacMillan stayed quiet. Finally, after three weeks of market frenzy, Windfall admitted it had nothing. When the stock crashed, so many small investors lost money that the Ontario government appointed a royal commission to examine what had happened. Meaningful changes at the Toronto Stock Exchange and the Ontario Securities Commission followed.

Windfall: Viola MacMillan and Her Notorious Mining Scandal is biographical history at its finest: the unlikely story of a trailblazer who, although convicted and imprisoned, would later receive the Order of Canada.

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Über die Autorin bzw. den Autor

Tim Falconer’s last two books — Bad Singer: The Surprising Science of Tone Deafness and How We Hear Music and Klondikers: Dawson City’s Stanley Cup Challenge and How a Nation Fell in Love with Hockey — made the Globe and Mail’s top 100. He lives in Toronto, ON.

Details zur Ausgabe

• Verlag: ECW Press,Canada
• Erscheinungsdatum: 2025
• Sprache: Englisch
• ISBN 10: 1770419950
• ISBN 13: 9781770419957
• Einband: Taschenbuch
• Anzahl der Seiten: 279
• Kontakt zum Hersteller: Nicht verfügbar
• Verantwortliche Person: Nicht verfügbar