On Thursday, April 29, the Museum of American Finance will open “Scandal!: Financial Crime, Chicanery and Corruption that Rocked America,” a richly informative exhibit about the history of financial scandals in America. “Scandal!” will cover several of the major scandals in American finance, from William Duer’s role in the Crash of 1792 through Lehman’s colossal downfall. The Salad Oil and Teapot Dome scandals, Ponzi schemes from Charles Ponzi himself to Bernie Madoff, Credit Mobilier and Enron scandals will also be featured. Artifacts range from historical newspapers and images to original documents and objects from some of history’s most infamous white collar criminals.
According to Leena Akhtar, the Museum’s director of exhibits and archives, “Scandal!” is particularly relevant today in light of the financial schemes and accounting frauds that have occurred over the last decade.
“The purpose of the exhibit is to connect recent events to what has happened in the past, and to educate students, investors, industry professionals and aspiring Wall Street professionals about the history and consequences of dishonesty in government and finance,” Akhtar said.
Marc Hodak, managing director of Hodak Value Advisors and an adjunct associate professor at New York University, served as a guest curator of the exhibit. Hodak teaches a class at the NYU Stern School of Business entitled “A History of Scandal: The Evolution of Corporate Governance.”
All are welcome to attend a reception to open “Scandal!” on Thursday, April 29, from 5 – 7 pm. For information and reservations, please contact Lindsay Seeger at 212-908-4110 or [email protected] Working members of the press should contact Kristin Aguilera at 212-908-4695 or [email protected] “Scandal!” will be on display through April 29, 2011.