Impeccable Connections

Impeccable Connections PDF Author: Malcolm Mackay
Publisher:
ISBN:
Category : Business
Languages : en
Pages : 118

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Book Description
Traces the fascinating trajectory of a Massachusetts Brahmin who was president of the New York Stock Exchange in the early 1930s.

Impeccable Connections

Impeccable Connections PDF Author: Malcolm Mackay
Publisher:
ISBN:
Category : Business
Languages : en
Pages : 118

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Book Description
Traces the fascinating trajectory of a Massachusetts Brahmin who was president of the New York Stock Exchange in the early 1930s.

Impeccable Connections: The Rise and Fall of Richard Whitney

Impeccable Connections: The Rise and Fall of Richard Whitney PDF Author: Malcolm MacKay
Publisher: ibooks
ISBN: 1883283620
Category : Biography & Autobiography
Languages : en
Pages : 141

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Book Description
"In 'Impeccable Connections,' Malcolm MacKay, who knew his subject, attempts to fathom the man whom puzzled contemporaries could not." —Maxwell Carter, writing for the The Wall Street Journal “Read this spellbinding book, which repeatedly takes your breath away, and learn that some things never change.” —Craig R. Whitney, author of LIVING WITH GUNS: A LIBERAL’S CASE FOR THE SECOND AMENDMENT Although Richard Whitney is not a common name today, the story of his rise to the top of Wall Street and fall to Sing Sing presages the more recent trajectories of men such as Bernard Madoff, Ivan Boesky, and Charles Keating. In a sense, Whitney’s fall was even greater in that he started at the top of the old-guard establishment. “NOT DICK WHITNEY. NOT DICK WHITNEY!” President Franklin D. Roosevelt exclaimed upon being told Richard Whitney, the long-time president of the New York Stock Exchange, was a criminal. Almost ten years earlier, on October 24, 1929, Black Thursday, as one newspaper’s headline put it the next day, “Richard Whitney Halts Stock Panic.” In 1934, he appeared on the cover of Time magazine, hailed as the leader of the securities industry in its fight against New Deal regulation. Whitney’s message was clear: the securities industry could regulate itself, and the federal government should stay out. Sound familiar? This book tells the tale of Richard Whitney and describes in detail the banking and investment structure that precipitated the stock market collapse of 1929, and how as president of the New York Stock Exchange, Richard Whitney played his role while manipulating powerful and trusted friends.

Taming the Street

Taming the Street PDF Author: Diana B. Henriques
Publisher: Random House
ISBN: 0593132645
Category : Business & Economics
Languages : en
Pages : 465

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Book Description
The epic story of FDR’s fight for the soul of American capitalism—from award-winning journalist Diana B. Henriques, author of The Wizard of Lies: Bernie Madoff and the Death of Trust “I thought I was well versed in the New Deal, but it turns out I knew next to nothing. Diana Henriques’s chronicle is meticulous, illuminating, and riveting.”—Kurt Andersen, New York Times bestselling author of Evil Geniuses and Fantasyland Taming the Street describes how President Franklin D. Roosevelt battled to regulate Wall Street in the wake of the 1929 stock market crash and the ensuing Great Depression. With deep reporting and vivid storytelling, Diana B. Henriques takes readers back to a time when America’s financial landscape was a jungle ruled by the titans of vast wealth, largely unrestrained by government. Roosevelt ran for office in 1932 vowing to curb that ruthless capitalism and make the world of finance safer for ordinary savers and investors. His deeply personal campaign to tame the Street is one of the great untold dramas in American history. Success in this political struggle was far from certain for FDR and his New Deal allies, who included the political dynasty builder Joseph P. Kennedy and the future Supreme Court justice William O. Douglas. Wall Street’s old guard, led by New York Stock Exchange president Richard Whitney, fought every new rule to the “last legal ditch.” That clash—between two sharply different visions of financial power and federal responsibility—has shaped how “other people’s money” is managed in the United States to this day. As inequality once again reaches Jazz Age levels, Henriques brings to life a time when the system worked—an idealistic moment when ordinary Americans knew what had to be done and supported leaders who could do it. A vital history and a riveting true-life thriller, Taming the Street raises an urgent and troubling question: What does capitalism owe to the common good?

J.P. Morgan & Co. and the Crisis of Capitalism

J.P. Morgan & Co. and the Crisis of Capitalism PDF Author: Martin Horn
Publisher: Cambridge University Press
ISBN: 110849837X
Category : Business & Economics
Languages : en
Pages : 407

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Book Description
Examines how J.P. Morgan, then the world's leading bank, responded to the greatest crisis in the history of financial capitalism.

The Gatekeeper

The Gatekeeper PDF Author: Kathryn Smith
Publisher: Simon and Schuster
ISBN: 1501114980
Category : Biography & Autobiography
Languages : en
Pages : 368

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Book Description
The “fine biography” and “compelling personal story” (The Wall Street Journal) of arguably the most influential member of Franklin Delano Roosevelt’s administration, Marguerite “Missy” LeHand, FDR’s de facto chief of staff, who has been misrepresented, mischaracterized, and overlooked throughout history…until now. Widely considered the first—and only—female presidential chief of staff, Marguerite “Missy” LeHand was the right-hand woman to Franklin Delano Roosevelt—both personally and professionally—for more than twenty years. Although her official title as personal secretary was relatively humble, her power and influence were unparalleled. Everyone in the White House knew one truth: If you wanted access to Franklin, you had to get through Missy. She was one of his most trusted advisors, affording her a unique perspective on the president that no one else could claim, and she was deeply admired and respected by Eleanor Roosevelt. With unprecedented access to Missy’s family and original source materials, journalist Kathryn Smith tells the “fascinating” (Publishers Weekly) and forgotten story of the intelligent, loyal, and clever woman who had a front-row seat to history in the making. The Gatekeeper is a thoughtful, revealing unsung-hero story about a woman ahead of her time, the true weight of her responsibility, and the tumultuous era in which she lived—and a long overdue tribute to one of the most important female figures in American history.

Why They Do It

Why They Do It PDF Author: Eugene Soltes
Publisher: Public Affairs
ISBN: 1610395360
Category : Business & Economics
Languages : en
Pages : 460

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Book Description
Financial fraud in the United States costs nearly $400 billion annually. The executives responsible for this corporate duplicity usually earn excellent salaries. So why do they become criminals? Harvard Business School professor Eugene Soltes shares his findings after years of extensive research. His numerous case histories make for fascinating reading. He speaks almost exclusively about men so don't look for gender-neutral pronouns. As Soltes explains, "Women are conspicuously absent from the ranks of prominent white-collar criminals." getAbstract recommends his compelling study to business students and professors, executives, business pundits, financial law enforcement officials and anyone who handles the money.

A History of Securities Law in the Supreme Court

A History of Securities Law in the Supreme Court PDF Author: A.C. Pritchard
Publisher: Oxford University Press
ISBN: 0197665934
Category : Law
Languages : en
Pages : 385

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Book Description
A History of Securities Law and the Supreme Court explores how the Supreme Court has made (and remade) securities law. It covers the history of the federal securities laws from their inception during the Great Depression, relying on the justices' conference notes, internal memoranda, and correspondence to shed light on how they came to their decisions and drafted their opinions. That history can be divided into five periods that parallel and illustrate key trends of the Court's jurisprudence more generally. The first saw the administration of Franklin Delano Roosevelt--aided by his filling eight seats on the Court-triumph in its efforts to enact the securities laws and establish their constitutional legitimacy. This brought an end to the Court's long-standing hostility to the regulation of business. The arrival of Roosevelt's justices, all committed to social control of finance, ushered in an era of deference to the SEC's expertise that lasted through the 1940s and 1950s. The 1960s brought an era of judicial activism-and further expansion--by the Warren Court, with purpose taking precedence over text in statutory interpretation. The arrival of Lewis F. Powell, Jr. in 1972 brought a sharp reversal. Powell's leadership of the Court in securities law produced a counter-revolution in the field and an end to the SEC's long winning streak at the Court. Powell's retirement in 1987 marked the beginning of the final period of this study. In the absence of ideological consensus or strong leadership, the Court's securities jurisprudence meandered, taking a random walk between expansive and restrictive decisions.

Minnesota Law Review

Minnesota Law Review PDF Author:
Publisher:
ISBN:
Category : Electronic journals
Languages : en
Pages : 758

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Book Description


In With Flynn, The Boss Behind the President

In With Flynn, The Boss Behind the President PDF Author: Malcolm Mackay
Publisher:
ISBN: 9781899694884
Category : Political Science
Languages : en
Pages : 182

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Book Description
"Flynn gave the Bronx a reputation for political independence, intelligence and integrity. It was 'the goo borough', even 'a capital of civilized thought.'"-Allen Nevins (1890-1971), biographer who won two Pulitzer Prizes and pioneered the establishment of the oral history movement. Malcolm MacKay's new political biography of Edward J. Flynn is a lively and extremely relevant study of politics in New York State from the 1920's through the 1940's, which illuminates the critical interplay of statesmanship and politics in New York State, and throughout the New Deal in Washington. Mr. MacKay's book underlines the importance that the governatorial administration of Al Smith played as an intellectual and political precursor of the New Deal, and highlights the critical importance of Ed Flynn as both a politician and statesman, as well as vital link between Democratic Party politics and the accomplishment of New Deal policy initiatives. In this time of political drift and anomie, it is a vital reminder of this continuing relationship between politics and statecraft. Portrayal of key players such as Al Smith, Wendell Wilkie, James Farley and Fiarello Laguardia are colorfully and finely etched. Required reading for the 2020 election.

Out Of Control

Out Of Control PDF Author: Kevin Kelly
Publisher: Basic Books
ISBN: 078674703X
Category : Science
Languages : en
Pages : 528

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Book Description
Out of Control chronicles the dawn of a new era in which the machines and systems that drive our economy are so complex and autonomous as to be indistinguishable from living things.