“After the great stock market crash of 1929, Oppenheimer realized that demand and sales would drop, while production continued. In 1930 he set up a new company, the Diamond Corporation Limited, specifically to bear the costs of keeping large stocks of diamonds off the sales market, while assuring some kind of cash flow to the producers. Oppenheimer was chairman of both De Beers and the Diamond Corporation by this time, and De Beers and the Rothschilds actually provided most of the cash for four years. ”

“After the grea…

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