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Robert Walpole's attempts to use the South Sea Company scandal to enhance his own ambitions are threatened by the appearance of Robert Knight, a former South Sea employee whose records of corporate bribery implicate Walpole and his friends in Parliament. But faced with threats of retribution if he ever shares these records, Knight flees the country rather than face a public inquiry. Although he gets caught and sent to prison in Antwerp, Walpole deftly engineers his release and escape. With Knight finally gone, Walpole teams up with John Blunt to pin the blame for the South Sea stock bubble on his political opponents, conveniently clearing the way for himself to become essentially the first Prime Minister of England. He also makes sure that all of his own supporters get off easy (if not scot free) for their involvement, and even Blunt walks away from the South Sea Bubble with more money than he started with.
Get the intro music here!
*Music by Demetori: http://bit.ly/1AaJG4H
Listen to the outro music here!
Extra History - World War I: The Seminal Tragedy
The Concert of Europe: http://bit.ly/1pGHnQA
Extra Credits - How to Manage Inflation in Virtual Economies
MMO Economies: http://bit.ly/1PvIHje
Tagged under: South Sea Company,History,English History,British History,UK History,Financial History,Economic History,Stock Market,Stock Market Bubble,Stock Market Crash,Investment Bubble,South Seas Company,Economic Bubble,United Kingdom,John Blunt,Robert Walpole,Robert Knight,Prime Minister,Parliament,Extra History,Extra Credits,James Portnow,Daniel Floyd
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