Episode 6: The End of the Bonanza

With Bre-X stock halted on the financial markets, the company goes into meltdown. A terrible truth emerges and a scam on an epic scale is revealed. Investors are set to lose millions and entire pension funds will be wiped out. A golden dream turns into a waking nightmare.
Please note, this episode contains difficult subject matter, including references to suicide, and contains some graphic content.
About The $6 Billion Gold Scam: The story of the biggest gold discovery in history and the mysterious man behind its multi-billion dollar downfall.
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[@jackmyers1631]

How can a pension fund lose everything over a stock such as Bre-X? No such fund should ever have had more than a tiny fraction of its assets in such a venture. Anything above 1% would have been unthinkable. If your pension fund loses 1% or less you should not be wiped out.

[@maestrovso]

Like many other major financial scams, Ontario Teachers' Pension Plan was also a major victim.