Diamonds are for Fraudsters Part II - Oppenheimer Cartel

A Diamond is Forever! We continue our series on the diamond industry with the world's favorite family the Oppenheimers! Together with De Beers they created a cartel that controls the entire diamond market. We discuss how female Don Drapers launched an advertising campaign right after WWII (who needs a sandwich when you can have a diamond?) and created the most successful ad slogan of the 20th century. With the help of an ad agency, De Beers became the original Jacob the Jeweler and outfitted celebrities, films, and tv shows with as many diamonds as they could. The cultural cachet of diamonds got baked into the fabric of our culture. From women buying men diamonds in the 80s to now we all NEED engagement rings. Listen now to see how we've all been artfully conned into believing diamonds are YOUR best friend. Follow Us: https://twitter.com/seenanowhttps://www.instagram.com/justin_williams_comedy/https://twitter.com/arielleatyFollow the show on Discord: https://discord.gg/WRZ8zgusPTWebsite: https://fraudsters.fm/Twitter: https://twitter.com/fraudstersLPNInstagram: https://www.instagram.com/fraudsterslpn/YouTube: https://www.youtube.com/channel/UCQwl8sDTVEAxhwJdYgm-yrgIntroMusic Credit and Sound Fx:https://twitter.com/gograntgordonSeason Cover Art by:https://comedyartwork.com/ Resources: https://www.npr.org/transcripts/205839105 https://www.timemaps.com/history/south-africa-1871ad/ https://brilliantmaps.com/africa-1914/ https://mapoftheday.quickworld.com/posts/africa-in-1965     https://www.africaguide.com/afmap.htm https://www.capetowndiamondmuseum.org/about-diamonds/south-african-diamond-history/ https://www.gia.edu/gems-gemology/summer-2019-kimberlites-earths-diamond-delivery-system  https://www.britannica.com/place/Kimberley-South-Africa https://www.theatlantic.com/magazine/archive/1982/02/have-you-ever-tried-to-sell-a-diamond/304575/ https://www.debeersgroup.com/about-us/our-operations/sales https://pages.stern.nyu.edu/~lcabral/teaching/debeers3.pdf https://www.debeersgroup.com/about-us/our-operations/salesCalderisi, R. (2021). Cecil Rhodes and Other Statues: Dealing Plainly with the Past (Kindle). Gatekeeper Press.Rhodes, The Life & Legend ’90’s TV Series via Youtube:https://www.youtube.com/@wvanderzalm Subscribe to SiriusXM Podcasts+ to listen to new episodes of Fraudsters ad-free. Start a free trial now on Apple Podcasts or by visiting siriusxm.com/podcastsplus. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.