Swipe File Letter: The Financial Bloodbath Caused By Criminal Scum: Marketing

Swipe File Letter:  The Financial Bloodbath Caused By Criminal Scum

Gary Halbert gets credit for the headline and concept on this one. I was working with him at the time, in the last days of the Reagan presidency, when the financial markets — and especially the precious metals markets — were causing investors migraines. Banks were rocky. The only people making any money were the South American cocaine cartels.

It was also a time of the unprecedented release of information. After the savings and loan debacle of the 80’s, banks were forced to open their books, and evidence of money­ laundering and corruption was openly available. The “war against drugs” was just getting heated up. It was a different world back then.


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