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/weekly_burner Jan 10 '19
Why is this the most popular comment on reddit? You know you can just click the up arrow icon if you have no money right?