by John Pangere, CFA, Strategic Investor
Benjamin Roth had one job to do.
Creditors hired the young attorney from Youngstown, Ohio to collect a bad debt. He’d have to track down a delinquent borrower and wrestle $50 from him.
Business was bad. Money was tight. Everyone was just trying to get by.
Roth, like many other World War I veterans, had a family to support. He did what he had to do to survive during the Great Depression.