Wall Street: A History, Updated Edition
Originally published in 1997 and revised in 2004, Charles Geisst's Wall Street: A History remains the most definitive take on how a small, concentrated pocket of lower Manhattan came to have such enormous influence in national and world affairs. This timely new edition will contain two new chapters, picking up after the fall of Enron and reflecting on the recent events of the global financial crisis. The first will cover the events precipitating the recent financial meltdown, and the second will cover the imminent policy changes of the Obama administration, which Geisst foresees will mark the end of an era of opposition to strong government, and the beginning of a period of state-dominated capitalism. Wall Street is at once the story of the street itself, from the days when the wall was merely a defensive barricade to the modern era in which it is the economic colossus of today, and an engaging economic history of the United States, and the role Wall Street played in making America the most powerful economy in the world, and the many challenges to that role it has faced in recent years.
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The Early Years 17901840
The Railroad and Civil War Eras 184070
The Robber Barons 187090
The Age of the Trusts 18801910
The Money Trust 18901920
The Booming Twenties 192029
Wall Street Meets the New Deal 193035
The Struggle Continues 193654
Bull Market 195469
Other editions - View all
activities American amount assets bankers Bear Stearns became become began bond market boom borrowed Brandeis British brokers bull market capital cash central bank century clients commercial banks Congress corporate country’s crash created crisis criticism deal decade depression Despite developed dollar Drexel early economic favor Federal Reserve firms foreign investors Glass-Steagall Glass-Steagall Act Goldman Sachs Gould hedge funds helped holding companies Hoover houses increased industry institutions interest rates investment banking J. P. Morgan Jay Cooke junk bonds known largest later Lehman Brothers loans major merger Merrill Lynch million money trust Morgan Stanley mortgage NASDAQ National City NYSE operations panic Pecora percent political president problems profit proved Pujo committee quickly railroad regulators result securities Senate shares short selling sold speculators stock exchange stock market swaps syndicate tion trading underwriting United Wall Street York