Title: Rainbow's End
First published: 2001
Description: "The first major history of the Crash in over a decade, Rainbow's End tells the story of the stock market collapse in a colorful, swift-moving narrative that blends a vivid portrait of the 1920s with an intensely gripping account of Wall Street's greatest catastrophe." "The book offers a picture of a world full of plungers, powerful bankers, corporate titans, millionaire brokers, and buoyantly optimistic stock market bulls. We meet Sunshine Charley Mitchell, head of the National City Bank, powerful financiers Jack Morgan and Jacob Schiff, Wall Street manipulators such as the legendary Jesse Livermore, and the lavish-living Billy Durant, founder of General Motors. As Klein follows the careers of these men, he shows us how the financial house of cards gradually grew taller, as the irrational exuberance of an earlier age gripped America and convinced it that the market would continue to rise forever. Then, in October 1929, came a "perfect storm"--Like convergence of factors that shook Wall Street to its foundations. We relive Black Thursday, when police lined Wall Street, brokers grew hysterical, customers "bellowed like lunatics," and the ticker tape fell hours behind. This was followed by the even worse Bloody Tuesday, when an irrational desire to sell at any price gripped the market and even blue chip stocks plummeted precipitously."--Jacket.
Subjects: Depressions, Economic conditions, History, New York Stock Exchange, Stock Market Crash, 1929, New York Stock Exchange -- History, Depressions -- 1929, Depressions -- 1929 -- United States, United States -- Economic conditions -- 1918-1945, United states, economic conditions, 1918-1945, Depressions, 1929, Histoire, Crises économiques, Krach boursier, 1929, Conditions économiques, Economic history, Effectenhandel, De Crisis, Schwarzer Freitag, American Stock Exchange
Places: United States
Time periods: 1918-1945, 1929
LC classification: HB3717 1929 .K588 2001