The Hellhound of Wall Street: How Ferdinand Pecora’s Investigation of the Great Crash Forever Changed American Finance-Quality Guarantee

Description

“Ferdinand Pecora’s famous 10-day investigation into the secretsof Wall Street in 1933 makes a superb has an ideal storytellerin Michael Perino.” –Financial Times

A riveting courtroom drama with remarkable contemporary relevance,The Hellhound of Wall Street brings to life a crucial turningpoint in American financial history: the 1933 hearings that put WallStreet on trial for the Great Crash. Michael Perino recreates the tendramatic days when Ferdinand Pecora, a Sicilian immigrant turned Senateinvestigator, cross-examined the officers of National City Bank (today’s Citigroup), particularly its chairman, CharlesMitchell, one of the best-known bankers of his day. Pecora’s rigorousquestioning exposed City Bank’s shocking financial abuses, revelationsthat galvanized public opinion and led directly to the New Deal’slandmark economic reforms.