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Jean Paul Getty in pursuit of Tide Water Associated Oil Co
Page entitled : Paul
Getty's pursuit of Tidewater Associated
Content of this page is about :
How J. Paul Getty accumulated shares in Tide Water Associated confident in
the eventual success of a takeover.
Extract :
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In September 1933, providence brought him an opportunity on a silver tablet. For some time, Getty had been buying shares of Petroleum Corporation of America, whose stock was even lower than other oil companies. Harry Sinclair, one of the industry tycoons who had been exposed in the infamous Teapot Dome scandal back in 1923, offered him
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