This Day in History Entry #223

May 15th, 2013 by Wordsman

Standard Oil, both hearty and hale
Had to be blown to pieces, wholesale
Said the court, “It’s not fair
Others haven’t a prayer”
How’s that sound next to “Too big to fail”?

Event: In Standard Oil Company of New Jersey v. United States, the Supreme Court rules that Standard Oil is an unfair monopoly and must be split into a number of different companies
Year: 1911
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