Banker Charlie Mitchell Took Personal Loans To Cover 1929 Share Buybacks
Andrew Ross Sorkin · Andrew Ross Sorkin on Why 1929 is Happening Again · Oct 15, 2025 · at 22:53
Andrew Ross Sorkin explains the hidden financial cover-ups that occurred on Wall Street during the 1929 crash.
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“The guy, Charlie Mitchell, that I told you about before, his bank almost goes under because the bank bought, the bank was trying to buy back its own shares during all this, and it bought back too many, and couldn't afford to buy them. And so, he didn't want anyone to know. So he actually goes and gets a loan, personal loan, to buy the shares off the bank.”
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