Episode 1 of 2
Formation of the Gold Ring
- When
- August-September 1869
- Where
- New York Gold Exchange
Gould, Fisk, and Corbin formed the Gold Ring to corner the gold market on the New York Gold Exchange, leveraging Grant's influence.
The conspiracy involved Gould, Fisk, and Corbin, who married Grant's sister. They aimed to force up gold prices. Gould attempted to bribe Grant's secretary Horace Porter, who declined. The group befriended the President to use his name in the scheme.
Sources
- Black Friday (1869) Wikipedia, revision of 2026-06-03
- Jay Gould Wikipedia, revision of 2026-09-28
- James Fisk (financier) Wikipedia, revision of 2026-08-11
Machine-drafted from the cited Wikipedia passages and checked by a reviewing model, not by a human editor. Every passage cites the revision it was written from; dates and places follow those passages.