Wall Street Wars
The Epic Battles with Washington that Created the Modern Financial System
- 320 pages
- English
- ePUB (mobile friendly)
- Available on iOS & Android
Wall Street Wars
The Epic Battles with Washington that Created the Modern Financial System
About this book
In the depths of the Great Depression, Franklin Delano Roosevelt's administration set out to radically remake America's financial systemâbut Wall Street was determined to stop them. In 1933, the American economy was in shambles, battered by the 1929 stock market crash and limping from the effects of the Great Depression. But the incoming administration of Franklin Delano Roosevelt, elected on a wave of anxiety and hope, stormed Washington on a promise to save the American economyâand remake the entire American financial system. It was the opening salvo in a long war between Wall Street and Washington. Author Richard Farley takes a unique and detailed look at the pitched battles that followedâthe fist fights, the circus-like stunts, the conmen and crooks, and the unlikely heroesâand shaped American capitalism. With a disparate cast of characters including Joseph P. Kennedy, J.P. Morgan, Huey Long, Babe Ruth, and Henry Ford (who refused to bail out his son's bank, thus precipitating the meltdown of the entire banking system), Farley vividly traces the history of modern American finance and the establishment of a financial system still bitterly debated on Capitol Hill.
Frequently asked questions
- Essential is ideal for learners and professionals who enjoy exploring a wide range of subjects. Access the Essential Library with 800,000+ trusted titles and best-sellers across business, personal growth, and the humanities. Includes unlimited reading time and Standard Read Aloud voice.
- Complete: Perfect for advanced learners and researchers needing full, unrestricted access. Unlock 1.4M+ books across hundreds of subjects, including academic and specialized titles. The Complete Plan also includes advanced features like Premium Read Aloud and Research Assistant.
Please note we cannot support devices running on iOS 13 and Android 7 or earlier. Learn more about using the app.
Information
Table of contents
- Cover
- Dedication
- Epigraph
- Cast of Characters
- Prologue: Brother, Can You Spare a Dime?
- One: Crash and Burn
- Two: Sunshine Charlie and The Sicilian
- Three: Back From the Abyss: The Emergency Banking Act
- Four: More Lives Than a Cat: The Glass-Steagall Banking Act of 1933
- Five: Frankfurterâs Hot Dogs: The Securities Act of 1933
- Six: A Perfect Institution: The Securities Exchange Act of 1934
- Seven: âYour Friend, Joe K. in Bostonâ: The Creation of the Securities and Exchange Commission
- Epilogue: A Left-Handed First Basemanâs Mitt
- Photographs
- Acknowledgments
- About the Author
- Notes
- Image Credits
- Index
- Copyright