Rumors always seem bigger than the truth
In 1720, the South Sea Company bubble expanded rapidly as the rumor spread that the company had negotiated a monopoly on trading to South America – a rumor which immediately stirred hope of great riches and pushed the value of the company stock up to dizzying heights. In reality, little or no trading took place and, eight months later, the bubble burst, leaving many investors – including Sir Isaac Newton – horrendously in debt.
Deluxe Residence Lake View
Room number 301