"Wall Street is 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 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, the growth of industry from the securities market's innovative financing of railroads, and Bell's and Edison's technical innovations. And because ""The Street"" has always been a breeding ground for outlandish characters, 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."
By:
Charles R. Geisst
Imprint: Oxford University Press
Country of Publication: United States
Edition: 4th Revised edition
Dimensions:
Height: 155mm,
Width: 234mm,
Spine: 41mm
Weight: 1g
ISBN: 9780190613549
ISBN 10: 0190613548
Pages: 584
Publication Date: 30 July 2018
Audience:
Professional and scholarly
,
Undergraduate
Format: Paperback
Publisher's Status: Active
Preface Introduction 1. The Early Years (1790-1840) 2. The Railroad and Civil War Eras (1840-70) 3. The Robber Barons (1870-90) 4. The Age of the Trusts (1880-1910) 5. The Money Trust (1890-1920) 6. The Booming Twenties (1920-29) 7. Wall Street Meets the New Deal (1930-35) 8. The Struggle Continues (1936-54) 9. Bull Market (1954-69) 10. Bear Market (1970-81) 11. Mergermania (1982-97) 12. Running Out of Steam (1998-2003) 13. The Cataclysm (2004-2008) 14. The Great Recession (2009-2013) 15. Recovery, Tapers, and Tantrums (2014 - ) Notes Bibliography Index
Charles R. Geisst is Ambassador Charles A. Gargano Professor of Finance at Manhattan College and a former investment banker. He is the author of 19 other books, including most recently Loan Sharks: The Birth of Predatory Lending.
Reviews for Wall Street: A History
"""A thorough retelling of a critical-though often overlooked-aspect of U.S. history. Wall Street will be enjoyed not just by the warriors who work there but also by the growing legions of Main Street investors whose retirements depend on the fortunes of the stock market.""- The Wall Street Journal"
