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IPFS News Link • Books

Finance is a Power Game

• lewrockwell.com

Nomi Prins: My motivation stemmed from a novel I had written before this book, which was called Black Tuesday, a work of historical fiction about the 1929 crash. In order to do the research for that book, which was not as substantial as the research I wound up doing for All the Presidents Bankers I discovered this meeting that took place at the Morgan Bank on 23 Wall Street, just a quick little walk from the back of the New York Stock Exchange on October 24th, 1929. This was when the stock market was beginning its initial decent, after which it bumped up and down a few times but ultimately lost 90 percent or so of its value over the next few years.


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