Which 1720 French company collapsed in the financial panic known as the Mississippi Bubble?

The Mississippi Company collapsed in the 1720 financial panic known as the Mississippi Bubble.

The company was reorganized and promoted by Scottish financier John Law, who also controlled France's Banque Générale and later the Banque Royale. Investors were attracted by claims about the company's potential wealth from French Louisiana, although the territory's actual economic prospects were far more limited than the promotional stories suggested.

Share prices rose dramatically in 1719 and early 1720. The boom was closely linked to an expansion of paper money and credit. When confidence weakened, investors rushed to exchange shares and notes for more reliable assets, producing a sharp collapse and a loss of confidence in Law's financial system.

The Mississippi Bubble is often mentioned alongside the South Sea Bubble in Britain because both occurred in 1720. They were separate companies and separate national episodes, even though they reflected similar speculative pressures.