Wall Street : a history / Charles R. Geisst.

Format:

Book

Author/Creator:

Geisst, Charles R.

Language:

English

Subjects (All):

Wall Street (New York, N.Y.)--History.

Wall Street (New York, N.Y.).

New York Stock Exchange.

Physical Description:

xiv, 528 pages : illustrations ; 25 cm

Edition:

Updated edition.

Place of Publication:

Oxford ; New York : Oxford University Press, 2012.

Summary:

Wall Street is an unending source of legend-and nightmares. It is a universal symbol of both the highest aspirations of economic prosperity and the basest impulses of greed and deception. Charles R. Geisst's Wall Street is at once a chronicle of the street itself-from the days when the wall was a defensive barricade built by Peter Studyvesant-and an engaging economic history of the United States. The book traces many themes, like the move of industry and business westward in the early 19th century, the rise of the great Robber Barons, and the growth of industry from the securities market's innovative financing of railroads, major steel companies, and Bell's and Edison's technical innovations. And because "The Street" has always been a breeding ground for outlandish characters with brazen nerve, the book includes many colorful narratives of the conniving of ruthless wheeler-dealers and lesser known but influential rogues.

In this updated edition, Geisst covers the cataclysmic events of the 2008 financial crisis and the overarching policy changes of the Obama administration up to Dodd-Frank. As Wall Street and America have changed irrevocably after the crisis, Charles R. Geisst offers an updated, definitive chronicle of the relationship between the two, and the challenges and successes that have shaped both their histories. Book jacket.

Contents:

The early years (1790-1840)

The railroad and Civil War eras (1840-70)

The robber barons (1870-90)

The age of the trusts (1880-1910)

The money trust (1890-1920)

The booming Twenties (1920-29)

Wall Street meets the New Deal (1930-35)

The struggle continues (1936-54)

Bull market (1954-69)

Bear market (1970-81)

Mergermania (1982-97)

Running out of steam (1998-2003)

The cataclysm (2004-2008)

The Great Recession (2009- ).

Notes:

Includes bibliographical references (pages 480-489) and index.

ISBN:

9780195396218

0195396219

OCLC:

781556048