Exchange Artist A Tale of High-Flying Speculation and America's First Banking Collapse

Name: Exchange Artist A Tale of High-Flying Speculation and America's First Banking Collapse
Price: 5.95 USD
Availability: InStock
ISBN: 9780143114901

ISBN-10: 0143114905

ISBN-13: 9780143114901

Edition: N/A

Authors: Jane Kamensky

List price: $24.00

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Description:

The riveting story of the country’s first banking scandal in the first decades of the American republic This enthralling historical narrative of the birth of speculative capitalism in America opens in the 1790s when financial pioneer-turned-confidence-man Andrew Dexter, Jr. created a pyramid scheme founded on real estate speculation and the greed of banks, who freely printed the paper money he needed to finance the then tallest building in the United States—the Exchange Coffee House, a 153-room, seven-story colossus in downtown Boston. The story of Dexter’s rise and eventual collapse offered an object lesson to the rising young nation, and presents striking parallels to the subprime…

Book details

List price: $24.00
Publisher: Penguin Publishing Group
Publication date: 12/30/2008
Binding: Paperback
Pages: 464
Size: 5.50" wide x 8.40" long x 0.94" tall
Weight: 0.880
Language: English