Case #1387.0

Bre-X: The Battle for Busang (A)

Publication Date: January 01, 1997
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This case tells the incredible story of what may be viewed as one of the century's most infamous stock scams: the rise and collapse of the Canadian mining firm Bre-X, based on doctored reports of a gold strike in Indonesia said to have been worth $70 billion. The case raises the question of what, if anything, could have been done by Indonesian or Canadian regulators to prevent, or soften the impact, of a stock stampede which saw the value of a Bre-X share rise from two cents to more than $200--before collapsing in the face of what appeared to be evidence of fraud.

Other Details

Case Author:
Samuel Pasow
Faculty Lead:
Michael D. Watkins
Pages (incl. exhibits):