The "Mississippi Company" (of 1684) became the "Company of the West" (1717) and expanded as the "Company of the Indies" (1719). This corporation, which held a business monopoly in French colonies in North America and the West Indies, became one of the earliest examples of an economic bubble.
Famous quotes containing the words mississippi and/or company:
“Listen, my friend, Ive just come back from Mississippi and over there when you talk about the West Bank they think you mean Arkansas.”
—Patrick Buchanan (b. 1938)
“We are well advised to keep on nodding terms with the people we used to be, whether we find them attractive company or not. Otherwise they turn up unannounced and surprise us, come hammering on the minds door at 4am of a bad night and demand to know who deserted them, who betrayed them, who is going to make amends. We forget all too soon the things we thought we could never forget.”
—Joan Didion (b. 1934)