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Once in Golconda: A True Drama of Wall Street 1920-1938 Revised Edition
Contributor(s): Brooks, John (Author)
ISBN: 0471357529     ISBN-13: 9780471357520
Publisher: Wiley
OUR PRICE:   $31.46  
Product Type: Paperback - Other Formats
Published: September 1999
Qty:
Annotation: Once in Golconda "In this book, John Brooks--who was one of the most elegant of all business writers--perfectly catches the flavor of one of history's best-known financial dramas: the 1929 crash and its aftershocks. It's packed with parallels and parables for the modern reader." --From the Foreword by Richard Lambert Editor-in-Chief, The Financial Times Once in Golconda is a dramatic chronicle of the breathtaking rise, devastating fall, and painstaking rebirth of Wall Street in the years between the wars. Focusing on the lives and fortunes of some of the era's most memorable traders, bankers, boosters, and frauds, John Brooks brings to vivid life all the ruthlessness, greed, and reckless euphoria of the '20s bull market, the desperation of the days leading up to the crash of '29, and the bitterness of the years that followed. Praise for Once in Golconda "A fast-moving, sophisticated account...embracing the stock-market boom of the twenties, the crash of 1929, the Depression, and the coming of the New Deal. Its leitmotif is the truly tragic personal history of Richard Whitney, the aristocrat Morgan broker and head of the Stock Exchange, who ended up in Sing Sing." --Edmund Wilson, writing in the New Yorker "As Mr. Brooks tells this tale of dishonor, desperation, and the fall of the mighty, it takes on overtones of Greek tragedy, a king brought down by pride. Whitney's sordid history has been told before....But in Mr. Brooks's hands, the drama becomes freshly shocking." --Wall Street Journal "It's all there in Once in Golconda--the avarice of an era that favored the rich; and the later anguish of myriads of speculators doomed by a bloated market, easy credit, and their own cupidity andstupidity." --Saturday Review
Additional Information
BISAC Categories:
- Business & Economics | Investments & Securities - General
Dewey: 332.642
LCCN: 99033868
Series: Wiley Investment Classics (Paperback)
Physical Information: 0.78" H x 5.44" W x 8.58" (0.88 lbs) 320 pages
 
Descriptions, Reviews, Etc.
Publisher Description:
Die 20er und 30er Jahre sind eine unverge Ÿliche Epoche aus der Geschichte der Wall Street. In diesem faszinierenden Buch erkl rt der Autor die Metapher dieser Finanzepoche von Hochkonjunktur und Konkurs: Golconda, heute eine Ruine, war einmal eine Stadt im S 1/4dosten Indiens, wo - der Legende zufolge - jeder reich wurde ....eine hnliche Legende war mit der Wall Street zwischen den beiden Weltkriegen verkn 1/4pft.
Once in Golconda analysiert Entstehung und Zerst rung des Reichtums von Richard Whitney, dem Vorstandsvorsitzenden der New Yorker B rse, dessen pers nliche Geschichte eng mit den Schwankungen am Aktienmarkt verbunden ist. Der Autor untersucht Dramatik, R 1/4cksichtslosigkeit, Gier und Illusion der 20er und 30er Jahre, die die Wall Street nachhaltig ver ndert haben. Angefangen beim Wertpapierrecht, das die modernen M rkte beherrscht, bis hin zu den schw rmerischen Visionen der Hausse-Anleger - Brooks zeichnet die zeitlosen Themen der Wall Street nach wie kein anderer. (09/99)