Clarence Saunders goes to war with the New York Stock Exchange after they allow the bears to escape from his terrible trap. For more than 100 years, the identities of this shadowy syndicate behind the attack on Piggly Wiggly were never revealed. But soon, for the first time ever, we will unmask them. With the tables now turned, Saunders must fight for his financial survival, not only against his unseen enemy, but with the Exchange, itself. The winner will take all, and with it the control, of how the world shops for food.

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Clarence Saunders goes it alone, springing his trap on the bears, and all hell breaks loose on Wall Street. The Piggly Crisis that Saunders sets off, will be echoed nearly 100 years later, when an army of small investors will use Robinhood to drive the price of memestocks like Gamestop through the roof. Both events will test the limits of fair play, and challenge the powerful forces that control the stock market. ***NOTE- this episode was updated on 7/24/2024. If you downloaded before this date, please delete and refresh the file before listening. The corrected version should run for 29:35, and plays much smoother than the earlier one.***

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Clarence Saunders and Jesse Livermore begin their bold operation to fight the Bear Raiders, and defend Piggly Wiggly. As Saunders learns the art of stock manipulation, he begins employing his creative genius to bend the rules of the exchange, and even the odds against his powerful opponents. The stage is set for an epic showdown that will challenge the American financial system and change the game itself.

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Clarence Saunders invents the world's first supermarket, Piggly Wiggly, launching the self-service shopping revolution. When he finds his life's work jeopardized by a surprise attack from Wall Street short sellers, Saunders must race to save the company. If he stands any chance against the bears, Saunders must first recruit Jesse Livermore, the most feared operator of all, to teach him the art of stock manipulation. These unlikely allies are about to unleash an epic assault that will nearly destroy the New York Stock Exchange, and forever change the way we shop for food.

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Welcome to Lodestar Podcast, where we drill deep into the nontrivial history of now. Lodestar focuses on overlooked historical stories that continue to affect all of our lives today. 

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