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The Hellhound of Wall Street: How Ferdinand Pecora's Investigation of the Great Crash Forever Changed American Finance
Paperback
Business GeneralEconomics20th Century United States History
ISBN13: 9780143120032
Publisher: Penguin Publishing Group
Published: Sep 27 2011
Pages: 368
Weight: 0.75
Height: 0.90 Width: 5.40 Depth: 8.30
Language: English
A riveting courtroom drama with remarkable contemporary relevance, The Hellhound of Wall Street brings to life a crucial turning point in American financial history: the 1933 hearings that put Wall Street on trial for the Great Crash. Michael Perino recreates the ten dramatic days when Ferdinand Pecora, a Sicilian immigrant turned Senate investigator, cross-examined the officers of National City Bank (today's Citigroup), particularly its chairman, Charles Mitchell, one of the best-known bankers of his day. Pecora's rigorous questioning exposed City Bank's shocking financial abuses, revelations that galvanized public opinion and led directly to the New Deal's landmark economic reforms.
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