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Breaking the Banks in Motor City : The Auto Industry, the 1933 Detroit Banking Crisis and the Start of the New Deal by Darwyn H. Lumley (2009, Trade Paperback)

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New Trade paperback

About this product

Product Identifiers

PublisherMcfarland & Company, Incorporated Publishers

ISBN-100786444177

ISBN-139780786444175

eBay Product ID (ePID)71857948

Product Key Features

Number of Pages202 Pages

LanguageEnglish

Publication NameBreaking the Banks in Motor City : The Auto Industry, the 1933 Detroit Banking Crisis and the Start of the New Deal

SubjectBanks & Banking, Automotive / General, General, Public Policy / Economic Policy

Publication Year2009

TypeTextbook

AuthorDarwyn H. Lumley

Subject AreaTransportation, Political Science, Business & Economics, History

FormatTrade Paperback

Dimensions

Item Height0.4 in

Item Weight11.1 Oz

Item Length9 in

Item Width6 in

Additional Product Features

Intended AudienceScholarly & Professional

LCCN2009-019305

Reviews"this book is a rarity, a work of business and financial history with a very strong automotive bent. It's not a story that people without a business background will easily grasp, but it's real, thankfully not drowned in numbers and therefore, worthy"-- Hemmings Classic Car ; "this complicated story is admirably well condensed into a relatively short treatise"-- The Flying Lady., "this book is a rarity, a work of business and financial history with a very strong automotive bent. It's not a story that people without a business background will easily grasp, but it's real, thankfully not drowned in numbers and therefore, worthy"-- Hemmings Classic Car "this complicated story is admirably well condensed into a relatively short treatise"-- The Flying Lady., "this book is a rarity, a work of business and financial history with a very strong automotive bent. It's not a story that people without a business background will easily grasp, but it's real, thankfully not drowned in numbers and therefore, worthy"- Hemmings Classic Car ; "this complicated story is admirably well condensed into a relatively short treatise"- The Flying Lady.

Dewey Edition22

Number of Volumes1 vol.

IllustratedYes

Dewey Decimal332.109774/3409043

Table Of ContentTable of Contents Introduction 1. More Money Needed 2. "Wall Street Sees Ford as a Banker" 3. "In the Way Our Reports Were Being Made, It Never Was Material." 4. "It Is Going to Be Awfully Hard Work" 5. "Woe unto Those by Whom It Cometh" 6. "Your Friends Won't Hold It Against You" 7. The Banking System Ceases to Function Epilogue Chronology Notes Bibliography Index

SynopsisTells the story of how the Detroit automobile industry played a major role in the 1933 banking crisis and the subsequent New Deal reforms that drastically changed the financial industry., This history tells the relatively unknown story of how the Detroit automobile industry played a major role in the 1933 banking crisis and the subsequent New Deal reforms that drastically changed the financial industry. Spurred by failed decision making and conflicts of interest by automobile industry leaders, Detroit banks experienced a critical emergency, precipitating the federal closure of banks on March 4, 1933, the first in a series of actions by which the federal government acquired power over economics previously held by states and private industrial and financial interests.

LC Classification NumberHG2613.D6L86 2009