It is the year 1815. Great Britain had been at war with Napoleon and France off and on for 23 years. Great Britain had issued a lot of War Bonds to pay for these 23 years of war. As a result, the British government owed people a lot of money, much like the US gov't National Debt today. British government bonds were actively traded (bought and sold) in London, much like US bonds (T-Bills) are traded today in New York. Rothschild family = One of the wealthiest families in the world. They were a major player in the bond market in London. The Rothschilds owned lots of British Bonds, and they were actively buying and selling British Government Bonds. In June, 1815, the Battle of Waterloo is under way. The outcome of this battle will impact bond prices as follows: Bond Market: If Great Britain defeats Napoleon, the risk of holding British bonds goes down; Consequently, the price of British bonds would go up as people are willing to pay more for reduced risk. If this happens, you win if you decide to hold your British bonds, before the news of the battle's outcome impacts the market. If Great