One of the saddest cases of presidential hardship, Truman, was relatively poor throughout his life. He borrowed against his meager future inheritance and invested in a zinc mining operation, which failed and lost him most of his investment. Truman later
full story >>Despite an ostentatious lifestyle – or perhaps because of it – Jefferson owed money to various creditors throughout his life. He inherited debt from his father-in-law as a result of unusual estate planning and was a creditor to many unreliable debtors. Hi
Continue reading >>His brief, illustrious career as our nation’s highest-ranking general notwithstanding, Grant never earned a great deal of money and often lived well beyond his means. This was especially the case after his presidency, when he and his wife traveled the wo
Continue reading >>One of the saddest cases of presidential hardship, Truman, was relatively poor throughout his life. He borrowed against his meager future inheritance and invested in a zinc mining operation, which failed and lost him most of his investment. Truman later
Continue reading >>While McKinley spent most of his life in relative financial stability, the depression of 1893 bankrupted an investment he had made with a friend in a tin plate company. His final debts reached an estimated $130,000 and McKinley was forced to file for ban
Continue reading >>An ambitious but poor young man, Lincoln’s early life left him in financial ruin. When he was in his 20′s he bought a general store with a friend and business associate – an investment he would later regret. Before the store went bankrupt Lincoln sold hi
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