ABSTRACT
Originally published in 2002, this is the second of three volumes in a history of finance in America. This volume starts with the investment bankers who dominated finance at the beginning of the twentieth century. It then describes the Panic of 1907 and the resulting creation of the Federal Reserve Board (the 'Fed'). The volume then traces finance through World War I, and it examines the events that led to the stock market crash of 1929 and the Great Depression. From there it reviews the rebirth of finance after World War II and the growth of the institutional investor.
TABLE OF CONTENTS
part Chapter 1|66 pages
A New Century
part Chapter 2|54 pages
America Enters the War
part Chapter 3|66 pages
The Crash
part Chapter 4|66 pages
Regulating Finance
part Chapter 5|60 pages
War and the Rebuilding of Finance
part Chapter 6|60 pages
A New Era Begins