Texan built on his fathers oil riches but lurched into financial disaster with scheme to corner silver market

Nelson Bunker Hunt, a Texas oilman who once tried to corner the silver market with one of his brothers only to see the move end in financial disaster, has died. He was 88.

Hunt died on Tuesday at a Dallas assisted living centre after a long battle with Alzheimers disease, said his brother, W Herbert Hunt.

Continue reading…