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The Titanic Plan
Michael Bockman, Ron Freeman
ASIN: B0061MS0FI
Publisher: Amazon.com Services LLC
Pages: 386

TRUE: 100 years ago J. Pierpont Morgan and a group of Wall Street bankers took direct control of the American economy.100 years ago radical firebrands were conspiring to create a workers revolution.100 years ago the American government was paralyzed by a bitter political struggle.100 years ago a great ship sank on her maiden voyage. They said it was an accident. They said it was an error of judgment.They were wrong.=========================================================On October 16, 1907, the American financial system stood on the brink of collapse after one of the largest investment firms failed because of speculative trading. There was no Federal Reserve to help, no government agencies to prop up the failing institutions. Seeing this as a defining crisis, J. Pierpont Morgan stepped in and organized a consortium of bankers and financiers to support the ailing system until the crisis ...
Amazon Rating:
4.5 stars from 461 ratings