When Wall Street Met Main Street

When Wall Street Met Main Street
Author: Julia C. Ott
Publisher: Harvard University Press
Total Pages: 348
Release: 2011-06-01
Genre: Business & Economics
ISBN: 0674061217


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The financial crisis that began in 2008 has made Americans keenly aware of the enormous impact Wall Street has on the economic well-being of the nation and its citizenry. How did financial markets and institutions-commonly perceived as marginal and elitist at the beginning of the twentieth century-come to be seen as the bedrock of American capitalism? How did stock investment-once considered disreputable and dangerous-first become a mass practice? Julia Ott tells the story of how, between the rise of giant industrial corporations and the Crash of 1929, the federal government, corporations, and financial institutions campaigned to universalize investment, with the goal of providing individual investors with a stake in the economy and the nation. As these distributors of stocks and bonds established a broad, national market for financial securities, they debated the distribution of economic power, the proper role of government, and the meaning of citizenship under modern capitalism. By 1929, the incidence of stock ownership had risen to engulf one quarter of American households in the looming financial disaster. Accordingly, the federal government assumed responsibility for protecting citizen-investors by regulating the financial securities markets. By recovering the forgotten history of this initial phase of mass investment and the issues surrounding it, Ott enriches and enlightens contemporary debates over economic reform.


When Wall Street Met Main Street
Language: en
Pages: 348
Authors: Julia C. Ott
Categories: Business & Economics
Type: BOOK - Published: 2011-06-01 - Publisher: Harvard University Press

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The financial crisis that began in 2008 has made Americans keenly aware of the enormous impact Wall Street has on the economic well-being of the nation and its
When Wall Street Met Main Street
Language: en
Pages:
Authors: Julia C. Ott
Categories:
Type: BOOK - Published: 2010 - Publisher:

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Ldquo;When Wall Street met Main Streetrdquo; recovers the lost history of the American investor and locates the origins of conservative belief in the ability of
When Wall Street Met Main Street: The Quest for an Investors' Democracy and the Emergence of the Retail Investor in the United States, 1890--1930
Language: en
Pages: 662
Authors: Julia Cathleen Ott
Categories:
Type: BOOK - Published: 2007 - Publisher:

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As a rhetorical figure, the small investor first appeared in prewar economic policy debates. During the First World War, the federal government's mass bond driv
When Wall Street Met Main Street
Language: en
Pages: 348
Authors: Julia C. Ott
Categories: Business & Economics
Type: BOOK - Published: 2011-06-14 - Publisher: Harvard University Press

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The financial crisis that began in 2008 has made Americans keenly aware of the enormous impact Wall Street has on the economic well-being of the nation and its
Bailout
Language: en
Pages: 295
Authors: Neil Barofsky
Categories: Biography & Autobiography
Type: BOOK - Published: 2013-02-05 - Publisher: Simon and Schuster

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Includes a new foreword to the paperback edition.