Title: Breaking the banks in Motor City
Subtitle: the auto industry, the 1933 Detroit banking crisis and the start of the New Deal
First published: 2009
Description: "This history tells the unknown story of how the Detroit automobile industry played a major role in the 1933 banking crisis and the subsequent New Deal reforms that drastically changed the financial industry. Spurred by failed decision making by automobile industry leaders, Detroit banks experienced a critical emergency, precipitating the federal closure of banks on March 4, 1933"--Provided by publisher.
Subjects: History, Financial crises, Bank failures, Economic policy, Automobile industry and trade, New Deal, 1933-1939, Banks and banking, united states, United states, economic policy
Places: United States, Michigan, Detroit
Time periods: 20th century, 1933-1945
LC classification: HG2613.D6 L86 2009