The Exchange Artist - A Tale of High-Flying Speculation and America's First Banking Collapse (Paperback)

The riveting story of the country's first banking scandal in the first decades of the American republic
This enthralling historical narrative of the birth of speculative capitalism in America opens in the 1790s when financial pioneer-turned-confidence-man Andrew Dexter, Jr. created a pyramid scheme founded on real estate speculation and the greed of banks, who freely printed the paper money he needed to finance the then tallest building in the United States-the Exchange Coffee House, a 153-room, seven-story colossus in downtown Boston. The story of Dexter's rise and eventual collapse offered an object lesson to the rising young nation, and presents striking parallels to the subprime mortgage meltdown and looming economic collapse of today.

General

Imprint:	The Penguin Press
Country of origin:	United States
Release date:	December 2008
First published:	2009
Authors:	Jane Kamensky
Dimensions:	213 x 140 x 24mm (L x W x T)
Format:	Paperback - Trade
Pages:	464
ISBN-13:	978-0-14-311490-1
Categories:	Books > Humanities > History > World history > 1750 to 1900 Books > History > World history > 1750 to 1900
LSN:	0-14-311490-5
Barcode:	9780143114901

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