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The Gold Ring - Jim Fisk, Jay Gould, and Black Friday, 1869 (Paperback) Loot Price: R540
Discovery Miles 5 400
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The Gold Ring - Jim Fisk, Jay Gould, and Black Friday, 1869 (Paperback): Kenneth D Ackerman

The Gold Ring - Jim Fisk, Jay Gould, and Black Friday, 1869 (Paperback)

Kenneth D Ackerman

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List price R581 Loot Price R540 Discovery Miles 5 400 You Save R41 (7%)

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In September 1869, two young speculators, Jay Gould and Jim Fisk, Jr., undertook perhaps the most audacious financial operation in American history - the cornering of the national gold supply. Fisk and Gould manipulated prices to the point that legitimate commerce froze to a halt. When the federal Treasury finally broke the corner on Black Friday, September 24, the price of $100 gold coin fell from $160 to $130 in fifteen minutes, sparking a national financial panic, a stock market depression, and the bankruptcy of major trading houses. The scandal reached the very household of President Ulysses Grant, and only the intervention of their friend, Boss Tweed of Tammany Hall, saved Fisk and Gould from personal ruin.

General

Imprint: Viral History Press
Country of origin: United States
Release date: November 2011
First published: November 2011
Authors: Kenneth D Ackerman
Dimensions: 229 x 152 x 21mm (L x W x T)
Format: Paperback - Trade
Pages: 370
ISBN-13: 978-1-61945-005-9
Categories: Books > Business & Economics > Business & management > General
Books > Humanities > History > World history > 1750 to 1900
Books > Humanities > History > American history > General
Books > Humanities > History > History of specific subjects > Economic history
Books > Humanities > History > History of specific subjects > History of specific institutions
Books > Business & Economics > Finance & accounting > Finance > Investment & securities > Commodities
Books > History > American history > General
Books > History > History of specific subjects > Economic history
Books > History > History of specific subjects > History of specific institutions
Books > History > World history > 1750 to 1900
Books > Money & Finance > Investment & securities > Commodities
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LSN: 1-61945-005-4
Barcode: 9781619450059

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