To: palmer; Travis McGee; nicmarlo; Lazamataz
To: AndyJackson
Several brokerage houses tumbled; blue-sky investment companies formed during the happy bull market days went to smash, disclosing miserable tales of rascality; over a thousand banks caved in during 1930, as a result of marking down both of real estate and of securities; and in December occurred the largest bank failure in American financial history, the fall of the ill-named Bank of the United States in New York. ~~"Only Yesterday: An Informal History of the 1920s" by Fredrick Lewis Allen
6 posted on
03/21/2008 9:01:35 AM PDT by
Travis McGee
(---www.EnemiesForeignAndDomestic.com---)
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson