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Code for the Road

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Making a Living Vs Making a Life

in Middle Schools, Secondary Schools / by Gene Bedley
October 1, 2000

In 1923, a very important meeting was held at

the Edgewater Beach Hotel in Chicago.

Attending this meeting were nine of the richest

men in the world; Charles Schwab, Samuel

Insull, Howard Hopson, Arthur Cotton, Richard

Whitney, Albert Fall, Jesse Livermore, Leon

Fraser and Ivar Krueger.

Twenty-five years later, Charles Schwab died in

bankruptcy; Samuel Insull died while running

from the law; Howard Hopson was insane;

Arthur Cotton had died penniless; Richard

Whitney had spent time in prison; Albert Fall

had been pardoned so he could die at home;

Jesse Livermore, Leon Fraser and Ivar Krueger

had all committed suicide. All of these men knew

much about how to make a living, but none

knew how to live!

–

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