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Wall Street - A History (Paperback, 4th Revised edition)
Loot Price: R776
Discovery Miles 7 760
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Wall Street - A History (Paperback, 4th Revised edition)
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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 a chronicle of the street itself-from
the days when the wall was merely a defensive barricade built by
Peter Stuyvesant to the latest highs and lows. It is also an
engaging economic history of the United States, a tale of profits
and losses, enterprising spirits, and key figures that transformed
America into the most powerful economy in the world. 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,
no history of the stock market would be complete without a look at
the conniving of ruthless wheeler-dealers and lesser known but
influential rogues. This updated edition covers the slow recovery
following the lowest points of the Great Recession and the tensions
of regulation. Geisst illustrates the cyclical nature of Wall
Street as recent crises are strikingly reminiscent of past economic
failings. As Wall Street and America have changed irrevocably after
the crisis, Charles R. Geisst offers the definitive chronicle of
the relationship between the two, and the challenges and successes
it has fostered that have shaped our history.
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