The Panic of 1907 : heralding a new era of finance, capitalism, and democracy /
"The "Panic of 1907," as it was called, is considered the third worst stock market crash in history. Historians say it lasted from January 19, 1906, through November 15, 1907. The market crash was primarily caused by a credit crunch in New York that slowly spread across the country. T...
| Main Authors: | , |
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| Format: | eBook |
| Language: | English |
| Published: |
Hoboken, New Jersey :
John Wiley & Sons, Inc.,
[2023]
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| Edition: | Second edition. |
| Subjects: | |
| Online Access: | Connect to the full text of this electronic book |
Table of Contents:
- Introduction
- A buoyant decade, a fragile system, and some leaders at its apex
- A shock to the system
- The silent crash
- Credit crunch
- Copper king
- The corner and the squeeze
- Falling dominoes
- Clearing house
- Knickerbocker
- A vote of no confidence
- A classic run
- Such assistance as may be necessary
- Trust Company of America
- Crisis on the Exchange
- A city in trouble
- Modern Medici
- Instant and far-reaching relief
- Turning the corner
- Ripple effects
- Reckoning and a split
- Money trust
- A central bank
- The changing order
- Reflections and lessons
- Technical appendix : analysis of trust company diversity and deposit runs.