Teaching Case - Bre-X: The Battle for Busang (B)

Bre-X: The Battle for Busang (B)


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  • Product Description

    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

    Publication Date: January 01, 1997
    HKS Case Number: 1388.0
    Case Author: Samuel Pasow
    Faculty Lead: Michael D. Watkins
    Pages (incl. exhibits): 9
    Setting: Canada
    Language: English
    _year: Older than 2000
    _pages: 1-15
    _geography: US & Canada
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