Article February 25, 2002 Issue

Would you pay back $300,000 if you didn't have to?

Dave Hohle Sentinel Staff

THE WORLD'S FINANCIAL MARKETS are a system of exchange built on trust. People's trust in the integrity of the system enables millions of paperless transactions to transfer billions of dollars every day. A lapse of integrity, a break in this trust, can wreck lives, bankrupt companies, and send shivers through markets.

When the Enron bubble burst recently, the world was shocked at the magnitude of the deception, astounded that some executives would enrich themselves, while others were betrayed and left with nothing.

But there are instances of integrity in financial dealings. Doug Switzer is an extraordinary example. He began trading agricultural commodities in his early 20s. He traded live cattle, specializing in livestock futures. He got his start in the boom times of the early '80s and made more money for himself and his company than he ever thought possible.

Send a comment to the editors

NEXT IN THIS ISSUE

Article

Rebekah Rushing's faith and fundraising