Die Fliegenden Dudelsäcke

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Myths and legends of the market

The JC’s guide to the foundational mythology of the markets.™

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A fast clipper out of Southhampton which foundered in the Caribbean in the hurricane season of 1891 and whose sad fate would almost certainly have passed into history had she not been carrying the great George Robert Maguire Ugland, the founding father of high finance, the Maple brothers and A. J. N. Calder, who were to become mainstays of the main industries in Cayman Islands, high finance and rum cake.

Important disclaimer: The author has never been to the Cayman Islands, and he’s hardly going to get an invitation now. There is, therefore, much fantastical speculation in this article and you should assume it is, at the very least, mostly false.