A gripping account of the underdog Senate lawyer who unmasked the financial wrongdoing that led to the Crash of 1929 and forever changed the relationship between Washington and Wall Street. In The Hellhound of Wall Street, Michael Perino recounts in riveting detail the 1933 hearings that put Wall Street on trial for the Great Crash. Never before in American history had so many financial titans been called to account before the public, and they had come within a few weeks of emerging unscathed. By the time Ferdinand Pecora, a Sicilian immigrant and former New York prosecutor, took over as chief counsel, the investigation had dragged on ineffectively for nearly a year and was universally written off as dead. The Hellhound of Wall Street provides a minute-by-minute account of the ten dramatic days when Pecora turned the hearings around, cross- examining the officers of National City Bank (today's Citigroup), particularly its chairman, Charles Mitchell, one of the best known bankers of his day. Mitchell strode into the hearing room in obvious disdain for the proceedings, but he left utterly disgraced. Pecora's rigorous questioning revealed that City Bank was guilty of shocking financial abuses, from selling worthless bonds to manipulating its stock price. Most offensive of all was the excessive compensation and bonuses awarded to its executives for peddling shoddy securities to the American public. Pecora became an unlikely hero to a beleaguered nation. The man whom the press called "the hellhound of Wall Street" was the son of a struggling factory worker. Precocious and determined, he became one of New York's few Italian American lawyers at a time when Italians were frequently stereotyped as anarchic criminals. The image of an immigrant lawyer challenging a blue-blooded Wall Street tycoon was just one more sign that a fundamental shift was taking place in America. By creating the sensational headlines needed to galvanize public opinion for reform, the Pecora hearings spurred Congress to take unprecedented steps to rein in the freewheeling banking industry and led directly to the New Deal's landmark economic reforms. A gripping courtroom drama with remarkable contemporary relevance, The Hellhound of Wall Street brings to life a crucial turning point in American financial history.
Aimed at senior-level executives, this text provides essential answers to questions about the nature of mergers and acquisitions and the steps involved in their execution. It also explains what key events, processes and issues buyers and sellers must consider, as well as common pitfalls to avoid.
Guide to Palaeolithic Artifacts and Features of the Americas is the go-to reference for stone, bone, antler, ivory, and wooden artifacts of the Palaeolithic era in the Americas. Written by Ricard Michael Gramly, an expert in the field, this book canvases a century of archaeological literature and scholarship and includes over 150 images to clearly and efficiently classify the artifacts discussed. Each artifact includes all the terms and synonyms by which it is classified, a visual depiction of the artifact, and the time period in which the artifact occurred in. Combining both Old and New World technologies, typologies and practices, this book is a must-have compilation for professional and amateur archaeologists, collectors of Palaeolithic artifacts, and the casual reader interested in the history of the Americas.
This introductory statistics textbook conveys the essential concepts and tools needed to develop and nurture statistical thinking. It presents descriptive, inductive and explorative statistical methods and guides the reader through the process of quantitative data analysis. In the experimental sciences and interdisciplinary research, data analysis has become an integral part of any scientific study. Issues such as judging the credibility of data, analyzing the data, evaluating the reliability of the obtained results and finally drawing the correct and appropriate conclusions from the results are vital. The text is primarily intended for undergraduate students in disciplines like business administration, the social sciences, medicine, politics, macroeconomics, etc. It features a wealth of examples, exercises and solutions with computer code in the statistical programming language R as well as supplementary material that will enable the reader to quickly adapt all methods to their own applications.
“The 1931 murder of 'Broadway Butterfly' Vivian Gordon exposed an explosive story of graft, corruption and entrapment that went all the way to the top of the state. Wolraich brings a journalist’s eye and a novelist’s elegance to this story of Jazz Age New York.”—New York Times Vivian Gordon went out before midnight in a velvet dress and mink coat. Her body turned up the next morning in a desolate Bronx park, a dirty clothesline wrapped around her neck. At her stylish Manhattan apartment, detectives discovered notebooks full of names—businessmen, socialites, gangsters. And something else: a letter from an anti-corruption commission established by Governor Franklin Delano Roosevelt. Led by the imperious Judge Samuel Seabury, the commission had uncovered a police conspiracy to frame women as prostitutes. Had Vivian Gordon been executed to bury her secrets? As FDR pressed the police to solve her murder, Judge Seabury pursued the trail of corruption to the top of Gotham’s powerful political machine—the infamous Tammany Hall.
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