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Street of dreams--boulevard of broken hearts : Wall Street's first century / Howard M. Wachtel.

Lippincott Library HG4572 .W23 2003
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Format:
Book
Author/Creator:
Wachtel, Howard M.
Language:
English
Subjects (All):
Securities industry--United States--History--19th century.
Securities industry.
Stock exchanges.
History.
Wall Street (New York, N.Y.)--History--19th century.
Wall Street (New York, N.Y.).
United States.
Stock exchanges--United States--History--19th century.
Physical Description:
xv, 239 pages : illustrations ; 24 cm
Place of Publication:
London ; Sterling, Va. : Pluto Press, 2003.
Summary:
- Popular history of Wall Street's formative years in the 19th century- Brings to life the eccentric characters that shaped the Street- Charts America's financial highs and lows- Illustrated with photographs throughout- Major media campaign with guaranteed TV & radio features and reviews
Contents:
1 The Big Bang: Alexander Hamilton and the Origins of Wall Street 1
Alexander Hamilton's Wall Street 4
The Hamilton Project 6
The Street's Origins 8
Controversy and Scandal 12
The Congressional Debate 14
Did Hamilton Collude with Wall Street? 16
The National Bank, William Duer and Financial Crisis 20
The Invention of Wall Street 27
2 Lex Mercatoria 31
The Arcadian Republic Versus the Law of Commerce 31
Hamilton's Fatal Flaw 33
Financial Regeneration on Wall Street 36
Wall Street's Financing of the War of 1812 38
The New York Stock & Exchange Board 39
Nathaniel Prime 40
The Erie Canal 42
Leveraging Erie's Success 46
Cultural Improvements 49
3 Jackson and the 1830s Bank War 52
The Second National Bank and Nicholas Biddle 53
James Hamilton 57
Jackson's Message to Congress 59
Framing the Language of Financial Politics 61
Miscalculations 65
The Ensuing Financial Crisis 67
4 The New Metropolis 71
The Stock Brokering Profession and Wall Street Innovations 75
The Telegraph 78
The Clash of Classes 81
Planning for the New Metropolis 86
Evangelicals Confront Mammon 89
5 Wall Street and the Civil War 93
A Divided Wall Street 94
Country Versus Profits 100
Wartime Financial Measures 102
The Cookes of Philadelphia 104
Wall Street Fights Back 107
Unifying the Nation's Finances 110
6 Wars, Other Than Civil 113
Railroad Wars 115
Round Two 118
The Gold War 124
The Aftermath 131
7 Trustee Over the Nation's Economy 135
J.P. Morgan 138
Jacob Schiff and Edward Harriman 142
De Facto Central Banker 144
NYSE's Transformation 146
Women on Wall Street 149
Technological Alterations 157
Pennsylvania Avenue Responds 159
8 The American Century 162
Morgan's Last Hurrah 164
The Pujo Hearings 168
The Money Question 173
The Great Crash and Its Aftermath 177
A New and Better Deal 181
The Era of Global Finance 187
Street of Dreams - Boulevard of Broken Hearts 190.
Notes:
Includes bibliographical references (pages 217-224) and index.
ISBN:
0745319254
OCLC:
50802718

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