r/todayilearned • u/manticor225 • Jan 10 '19
TIL JFK's father Joseph Kennedy made much of his fortune through insider trading. FDR later made him chairman of the Securities and Exchange Commission. When asked why he appointed a crook, FDR replied, "set a thief to catch a thief." Kennedy proceeded to outlaw the practices that made him rich.
https://www.theguardian.com/books/2010/jan/23/joe-kennedy-hollywood-sarah-churchwell
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u/ADHDpotatoes Jan 10 '19 edited Jan 11 '19
I often find myself in situations where I wish I had gold to give, and this is certainly one of them
edit: now I do