It began with the establishment of the Banque Generale and then  the Company of the West.
It began with the establishment of the Banque Generale and then  the Company of the West. By 1719, 625,000 stock shares had been  sold and speculation drove stock prices to record highs.  Unfortunately for its originator, John Law, the scheme collapsed  the following year and thus failed to fulfill its promise of  retiring France's public debt. FTP, name this 18th century  financial scheme.
It began with the establishment of the Banque Generale and then  the Company of the West.
{Mississippi Bubble}