The Hellhound of Wall Street: How Ferdinand Pecora's Investigation of the Great Crash Forever Changed American Finance

The Hellhound of Wall Street: How Ferdinand Pecora's Investigation of the Great Crash Forever Changed American Finance

Author
Michael Perino
Publisher
Penguin Press
Language
English
Year
2011
ISBN
0143120034,2010019157
File Type
epub
File Size
1011.2 KiB

"Ferdinand Pecora's famous 10-day investigation into the secrets of Wall Street in 1933 makes a superb story...It has an ideal storyteller in Michael Perino." -Financial Times
A riveting courtroom drama with remarkable contemporary relevance, The Hellhound of Wall Street brings to life a crucial turning point in American financial history: the 1933 hearings that put Wall Street on trial for the Great Crash. Michael Perino recreates the ten dramatic days when Ferdinand Pecora, a Sicilian immigrant turned Senate investigator, cross-examined the officers of National City Bank (today's Citigroup), particularly its chairman, Charles Mitchell, one of the best-known bankers of his day. Pecora's rigorous questioning exposed City Bank's shocking financial abuses, revelations that galvanized public opinion and led directly to the New Deal's landmark economic reforms.

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