ISBN:
9781394180288
,
1394180284
,
9781394180295
,
1394180292
,
9781394180271
Language:
English
Pages:
1 online resource (xix, 411 pages)
,
illustrations (some color), color map
Edition:
Second edition.
Parallel Title:
Erscheint auch als
DDC:
330.973/0911
Keywords:
Depressions 1907
;
Financial crises History 20th century
;
Stock exchanges History 20th century
;
1900-1999
;
Depressions
;
Financial crises
;
Stock exchanges
;
United States
;
History
Abstract:
"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. To try to offset the decline, the U.S. Treasury department bought $35 million worth of government bonds. The Panic of 1907 aims to discuss the drivers of this crash and the major players involved, including F. Augustus Heinze and his bank, Knickerbocker Trust, as well as what lessons we have learned and can continue to learn from the panic"--
Note:
Includes bibliographical references and index. - Description based on online resource; title from digital title page (viewed on March 23, 2023)
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