Download the fantastic book titled Wall Street Under Oath The Story of Our Modern Money Changers written by Ferdinand Pecora, available in its entirety in both PDF and EPUB formats for online reading. This page includes a concise summary, a preview of the book cover, and detailed information about "Wall Street Under Oath The Story of Our Modern Money Changers", which was released on 10 October 2014. We suggest perusing the summary before initiating your download. This book is a top selection for enthusiasts of the History genre.
Summary of Wall Street Under Oath The Story of Our Modern Money Changers by Ferdinand Pecora PDF
Ferdinand Pecora investigated with ruthlessly abandon the nation’s most influential bankers and stockbrokers to determine what caused the Wall Street Crash of 1929, which in turn led to the Great Depression. Pecora, as Chief Counsel of Senate launched investigation, shined a vivid light on the shocking practices, deception, and lack of ethics that permeated Wall Street from the bottom to the highest echelons of power. Wall Street’s major players thought they were untouchable masters of their domain, but in the hot seat of the witness chair, eye-to-eye with Pecora, they were no match and fell like dominoes. The mighty J. P. Morgan was forced to admit he and many of his partners hadn’t paid any income taxes in the previous two years and his reputation was tarnished. Pecora’s expose of the practices of National City Bank (now Citibank) made banner headlines and caused the bank’s president to resign. Pecora Wall Street Under Oath in easy to understand language because he was afraid the public might get forgetful. And he was right. Federal Reserve Chairman Ben Bernanke said the 2008 “Great Recession” was actually worse than the Great Depression. Clearly, we need to stay vigilant with a refresher course from Ferdinand Pecora. First published in 1939, this classic book is as relevant today as it was then – because on Wall Street, greed is always in style.
Detail About Wall Street Under Oath The Story of Our Modern Money Changers PDF
- Author : Ferdinand Pecora
- Publisher : Graymalkin Media
- Genre : History
- Total Pages : 165 pages
- ISBN : 1631680064
- Release Date : 10 October 2014
- PDF File Size : 45,6 Mb
- Language : English
- Rating : 4/5 from 21 reviews
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