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The Teacher, The Flood, and the Four Men Who Stole a Nation's Bank
The Teacher, The Flood, and the Four Men Who Stole a Nation's Bank
A tiny nation of roughly ten thousand people lost three villages to the Alpine Rhine on September 25, 1927, while at the same time a coordinated theft drained four million Swiss francs from its bank. Who were the four men who emptied the treasury, and why did the scandal end Gustav Schädler's career within a single week in June 1928?
In this episode, we tell how a schoolteacher turned prime minister managed floods, emergency loans, and the creation of Liechtenstein's first power plant, even as insiders looted the national…
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