Insull Utilities Investment Inc.

Insull Utilities Investment Inc. was a corporation securities firm based in Chicago, Illinois which became insolvent in 1932.

[2] The firm was started by Samuel Insull, a former president of Chicago Edison,[3] Commonwealth Edison,[4] People's Gas Light & Coke Company,[5] and Central Indiana Power Company.

[6] He was also chairman of the Corporation Securities Company of Chicago, which had a net worth of more than $80,000,000 on February 15, 1930.

[8] Attorneys for Insull Utilities Investment's creditors filed a suit in a US district court in Danville, Illinois on September 22, 1932.

[1] The failure of the corporation is significant because it came during the Great Depression, and its founder was a leading businessman in Chicago.