The Exchange Artist: A Tale of High-Flying Speculation and America's First Banking Collapse
- ISBN-10
- 1101202777
- ISBN-13
- 9781101202777
- Category
- History
- Pages
- 464
- Language
- English
- Published
- 2008-01-24
- Publisher
- Penguin
- Author
- Jane Kamensky
Description
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.
Get the book
Other editions
-
- 2008
- 442 pages
- Paperback
- Penguin
Similar books
-
The Enduring Vision: A History of the American People
By Paul S. Boyer, Clifford E. Clark, Karen HalttunenBy her own account, Peggy O'Neale Timberlake was “frivolous, wayward, [and] passionate.” While still married to a naval oflicer away on duty ...
-
The Enduring Vision: A History of the American People, Volume I
By Paul S. Boyer, Clifford E. Clark, Karen Halttunen... had married the widowed daughter of a Washington tavern keeper. By her own account, Peggy O'Neale Timberlake was “frivolous, wayward, [and] passionate.
-
Rice University: One Hundred Years in Pictures
By Karen Hess Rogers, Lee Pecht, Alan Harris Bath... Bill, Kennedy, Jacqueline, Kennedy, John F., Kidd, Albert and Elizabeth, Kieran Timberlake (architects), Kilpatrick, John, Kirkland, William, Kissinger, ...
-
Cengage Advantage Series: The Enduring Vision
By Paul S. Boyer, Clifford E. Clark, Karen Halttunen... 195–196, 361; abolishing of, 257 Ticonderoga fort, 157, 169 Tilden, Samuel J., 524 Timberlake, Peggy O'Neale, 301 Timbuktu, Mali, Sankore Mosque in, ...
-
The Enduring Vision: A History of the American People, Volume 1
By Paul S. Boyer, Clifford E. Clark, Karen HalttunenBy her own account, Peggy O'Neale Timberlake was “frivolous, wayward, [and] passionate.” While still married to a naval officer away on duty, ...
-
The Cherokee Struggle to Maintain Identity in the 17th and 18th Centuries
By Jr., William R. ReynoldsTimberlake, p. 8 (9–10). 2. Timberlake, p. 36 (70). 3. Hoig, p. 45; Kelly, p. 22; Timberlake, p. 37 (72–73). 4. Alderman, p. 6; Timberlake, p.
-
Prehistoric Copper Mining in Europe, 5500-500 BC
By William O'BrienTimberlake, S. 2002. 'Ancient prospection for metals and modern prospection for ancient mines: the evidence for Bronze Age mining within the British Isles', ...
-
The Sixties in the News: How an Era Unfolded in American Newspapers, 1959-1973
By William J. Ryczekhadn't known Timberlake until the two moved in together. Kathy had worked at a series of jobs, including electronics assembler and a dancer in a bar, ...
-
A Borderland Confederate
By William Lyne WilsonTerrill, Philip, killed Thompson, William S. Timberlake, George, wounded. Timberlake, Harry. Timberlake, J. H., wounded. Timberlake, J. L., wounded.
-
Golf in Columbus at Wyandot Country Club: A Lost Donald Ross Classic
By William R. CaseAs the caretaker of the clubhouse, Timberlake was furnished living quarters on the second floor. Around 8:00 p.m., he descended into the basement for the ...