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New Orleans Stock Exchange

Controversies

Controversies tied to this brand in public sources. A listing is not a finding of fault.

Back to profile2 entries

  1. 1933

    Public dispute over the exchange's role

    Louisiana Senator Huey Long called the exchange a gambling house. Exchange representative John Dane publicly disputed that description and defended it as an investment exchange.

  2. 1889

    Louisiana state-bond swindle

    A controversy involving a Louisiana state-bond swindle reportedly paralyzed the exchange and stopped transactions in Louisiana state and city government securities.