Wall Street

Wall Street

A History

Book - 2012
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Wall Street is an unending source of legend - and nightmares. It is a universal symbol of both the highest aspirations of economic prosperity and the basest impulses of greed and deception. Charles R. Geisst's Wall Street is at once a chronicle of the street itself - from the days when thewall was merely a defensive barricade built by Peter Stuyvesant - and an engaging economic history of the United States, a tale of profits and losses, enterprising spirits, and key figures that transformed America into the most powerful economy in the world. The book traces many themes, like themove of industry and business westward in the early 19th century, the rise of the great Robber Barons, and the growth of industry from the securities market's innovative financing of railroads, major steel companies, and Bell's and Edison's technical innovations. And because "The Street" has alwaysbeen a breeding ground for outlandish characters with brazen nerve, no history of the stock market would be complete without a look at the conniving of ruthless wheeler-dealers and lesser known but influential rogues.This updated edition covers the historic, almost apocalyptic events of the 2008 financial crisis and the overarching policy changes of the Obama administration. As Wall Street and America have changed irrevocably after the crisis, Charles R. Geisst offers the definitive chronicle of the relationshipbetween the two, and the challenges and successes it has fostered that have shaped our history.
Publisher: Oxford ; New York : Oxford University Press, 2012
Edition: Updated ed
ISBN: 9780195396218
Branch Call Number: 332.64273 G278w 2012
Characteristics: xiv, 528 p. : ill. ; 24 cm


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Mar 02, 2013

Prof. Geisst's book is a must read for anyone interested in the background of how we arrived at the "Great Deleveraging" - - a replay of the Great Crash/Great Depression. His telling of its history is superlative and far ranging; an excellent companion to "The Hellhound of Wall Street" - - another must read of that earlier period.


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