1958-08-28 · HN #49763296
The San Francisco Onion Futures Company and the 68‑Year‑Old Ban on Onion Futures
A student campaign seeks to repeal the 1958 Onion Futures Act, which banned trading onion futures after Sam Siegel and Vincent Kosuga cornered the market and crashed prices. The article explains the manipulation, the law’s impact, and today’s repeal efforts.