Financial Context

History: Transcontinental Railroad


Listen Later

In this month's episode, Nate and Dan recall one of the most corrupt events in American history. At the time it was started, no one believed that the Transcontinental Railroad would be profitable. The federal government had to put up the cash for the project initially. And when the government sponsors such a huge project, the cash starts flowing - and many times in unintended directions. 

...more
View all episodesView all episodes
Download on the App Store

Financial ContextBy Nathan Beauvais