SOURCE: The Atlantic
The Great White(washing) Way: Business History on Broadway Without Slavery
by Imani Perry
The new show "The Lehman Trilogy" tells a heroic story of German Jewish immigrant brothers who rose to the top of American finance, but it tells it without reference to the labor of enslaved people that made it possible.
SOURCE: Financial Times
The Biggest Lesson of GameStop
The GameStop episode highlights a dangerous development in the last 40 years of capitalism's history: the linking of broad-based purchasing power to the fluctuating prices of financial assets held in retirement accounts.
SOURCE: Untapped New York
It’s the 100th Anniversary of the Wall Street Bombing
Though authorities blamed Italian anarchists and other radical sympathizers for the destructive bombing, the case was never solved.
Trump impeachment? History suggests Wall Street ought not worry
The move by Democrats in the U.S. Congress on Tuesday to launch a formal impeachment inquiry into President Donald Trump has caused nervousness on Wall Street - but history suggests investors need not worry.
SOURCE: Foreign Affairs
The Forgotten History of the Financial Crisis
by Adam Tooze
What the world should have learned in 2008 is that foreign banks were racking up sizable liabilities that had to be paid in dollars. If the money markets where they obtained these dollars ceased to function, many of the world’s banks would immediately be at risk of failure.
How Come Wall Street Hasn’t Been Caught Up in the #MeToo Movement?
by Robert Wright
The short answer: They’ve already been here before.
SOURCE: The Street
Video of the Week: Wall Street Women In History ... Meet the First Female Stockbroker
by Tracy Byrnes
Her name was Victoria Woodhull. She later ran for president.
Wall Street Dealmaker Says Professor Took Him for a Ride
Andrew J. Hall, a trader and operator of an art museum, is suing a former professor who he says sold him fake Leon Golub paintings.
Want to know who will win the White House? Watch the stock market.
Wall Street is often right about presidential elections. It's banking on Donald Trump.
SOURCE: AHA Perspectives on History
Story of the Week: Wall Street's First Black Millionaire
by Elizabeth Elliott
Jeremiah Hamilton’s impressive and unlikely rise to infamy captured the attention of Australian Shane White, a professor of US history at the University of Sydney.
This Historian Has Some Advice for Bernie
by Bruce E. Baker
The candidate should take it if he wants to put a stop to financial shenanigans.
On Wall Street: Slavery Lost, Found, and Remembered
by Pearl Duncan
The slave market that once existed on Wall Street is long gone. But we shouldn’t let absence define our memory.
Argentina Defaults. The U.S. Didn’t. You Think There's a Lesson in that?
by David O. Stewart
In 1790 speculators stood to gain, too. Hamilton paid them anyway.
SOURCE: The Nation
Getting Down to Big Business: A Conservative American Romance
by Rick Perlstein
"Wall Street" used to be a derisive term amongst conservatives.
SOURCE: Bloomberg News
Melissa S. Fisher: How Women Rose and Took the Fall on Wall Street
Melissa S. Fisher, a visiting assistant professor in the Department of Social and Cultural Analysis at New York University, is the author of “Wall Street Women.”When Ina Drew resigned as JPMorgan Chase & Co. (JPM)’s chief investment officer last year after reports the bank lost more than $6 billion, the New York Times referred to her as “the woman who took the fall.”It is up for debate whether financial companies have scapegoated women such as Drew in the aftermath of the financial crisis. What is certain is that just half a century ago it was unimaginable that women might make it high enough in the ranks of Wall Street to take the fall for anything.
Meet Richard Whitney, Wall Street's 1930s Version of Bernie Madoff
by Malcolm Mackay
Richard Whitney being led away after his trial. Credit: AP/Kings Academy.
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