Download E-books Panic in Paradise: Florida's Banking Crash of 1926 PDF

By Raymond B. Vickers

Panic in Paradise is a finished examine of financial institution personal loan mess ups in the course of the Florida land increase of the mid-1920s, through the years previous the inventory marketplace crash of 1929. Florida and Georgia skilled a banking panic in 1926 while, in a ten-day interval in July, after uncontrollable depositor runs, 117 banks closed within the states. Uninsured depositors misplaced thousands, and several other suicides the monetary havoc. This quantity uses banking documents that have been legally sealed for nearly 70 years and gives a surprising tale corruption and conspiracy.

"An awesome and strange e-book that makes a huge contribution to our knowing of banking heritage and the overall monetary historical past oof the Nineteen Twenties. The banking cave in within the Southeast is almost unknown, even to experts in banking and monetary background. not anyone who's attracted to the banking heritage of the us will wish to overlook this book." -- Eugene N. White, Rutgers University

"An exhaustively researched pioneering examine; excellent investigative reporting." -- Jack Blicksilver, Georgia kingdom University

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