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San Francisco Onion Futures Company

398 points · 179 comments · z-mach9

  1. joegibbs · · focus · HN ↗
    Why was the law against onion futures passed in the first place? Couldn’t the same scheme be done with garlic, or sweet potatoes, or turnips or something?
    1. gostsamo · · focus · HN ↗
      A guy cornered the market in the fifties, caused a scandal, they made a special exception.
      1. shawn_w · · focus · HN ↗
        Two guys. At one point bags of onions were being sold for less than the value of the bags they were in...

        They also got onion farmers to buy back onions they'd already sold.

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