Product Description
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 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 po… More >>
#1 by Royce D. Walker on April 9, 2010 - 12:07 pm
Extremely readable, has all the characters involved and the roles they played. Includes observations on the individual’s conflicts of interest.
Rating: 5 / 5