Charles W. Morse
American businessman / From Wikipedia, the free encyclopedia
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Charles Wyman Morse (October 21, 1856 – January 12, 1933) was an American businessman and speculator who committed frauds and engaged in corrupt business practices. At one time he controlled 13 banks.[1] Known as the "Ice King" early in his career out of New York City, through Tammany Hall corruption he established a monopoly in New York's ice business,[2] before buying several shipping companies and moving into high finance. His attempt to manipulate the price of copper-shares set off a wave of selling that developed into the Panic of 1907. Jailed for violating federal banking laws, he faked serious illness and was released. Later he was indicted for war profiteering and fraud.
Charles W. Morse | |
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Born | (1856-10-21)October 21, 1856 |
Died | January 12, 1933(1933-01-12) (aged 76) Bath, Maine |
Nationality | American |
Alma mater | Bowdoin College |
Occupation(s) | Banker, businessperson |
Criminal charge(s) | Fraud, war profiteering |