In the 1900s, huge amounts of oil were discovered on the land of the Osage tribe in Oklahoma, netting them millions. Unfortunately, this sudden wealth attracted the attention of various opportunists. This new book by journalist David Grann looks at the fate of one family, in which dozens of members were murdered in a long series of crimes as part of a plot to steal their fortune.
The main focus of this tale is on "persecution and mass murder", but "the cynical greed of the initial oil rush, and the quick money it promised", is an important thread, says Ed Vulliamy in The Guardian. That makes it particularly timely given Donald Trump's decision to approve the Dakota Access Pipeline through sacred Native American tribal lands.
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
As well as recounting a horrifying plan "to cream off Osage oil revenue", the book also shows how the subsequent investigations by the fledgling Federal Bureau of Investigation "represented a hinge moment in the history of American law-enforcement", says Ian Thompson in the Financial Times. This "grimly entertaining" story "is a marvel of detective-like research and narrative verve" showcasing the author's "Dashiell Hammett-like gift for suspense".
-
How to invest in nuclear powerWe need nuclear power to go green, says Dominic Frisby. But there is a better option than huge power stations
-
Chase slashes its easy-access savings rate – is it time to switch?The Chase easy-access savings account has proved popular with savers thanks to its competitive rate and bonus deals. But, as the rate has dropped, has it lost its charm?
