Wall Street: A History Review

Wall Street: A History
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I LOVED this book from about the 1860s on. Geisst's history of the period before the revolution and into the mid 1800s was a little dry for my liking. I read John Steele Gordon religiously in American Heritage, and enjoy his style better (I can't wait for his new book!) I was fascinated in particular by the lack of a Central Bank, and the rise of the so-called Robber Barons. The increasing role of government is well documented, objectively I think. The book really picked up for me after the Great Depression, and I learned much about Glass-Steagall(sp?) and the separation of commercial and investment banks. I'd recommend the book for anyone who wants to know why Wall Street works the way it does, and to put the present in perspective (as any good history book does).

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