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Title details for The Exchange Artist by Jane Kamensky - Available

The Exchange Artist

by Jane Kamensky
ebook
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The riveting story of the country's first banking scandal in the first decades of the American republic
This enthralling historical narrative of the birth of speculative capitalism in America opens in the 1790s when financial pioneer-turned-confidence-man Andrew Dexter, Jr. created a pyramid scheme founded on real estate speculation and the greed of banks, who freely printed the paper money he needed to finance the then tallest building in the United States-the Exchange Coffee House, a 153-room, seven-story colossus in downtown Boston. The story of Dexter's rise and eventual collapse offered an object lesson to the rising young nation, and presents striking parallels to the subprime mortgage meltdown and looming economic collapse of today.
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Publisher: Penguin Publishing Group

Kindle Book

  • Release date: January 24, 2008

OverDrive Read

  • ISBN: 9781101202777
  • Release date: January 24, 2008

EPUB ebook

  • ISBN: 9781101202777
  • File size: 2893 KB
  • Release date: January 24, 2008
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Formats

Kindle Book
OverDrive Read
EPUB ebook

subjects

Biography & Autobiography Business History Nonfiction

Languages

English

The riveting story of the country's first banking scandal in the first decades of the American republic
This enthralling historical narrative of the birth of speculative capitalism in America opens in the 1790s when financial pioneer-turned-confidence-man Andrew Dexter, Jr. created a pyramid scheme founded on real estate speculation and the greed of banks, who freely printed the paper money he needed to finance the then tallest building in the United States-the Exchange Coffee House, a 153-room, seven-story colossus in downtown Boston. The story of Dexter's rise and eventual collapse offered an object lesson to the rising young nation, and presents striking parallels to the subprime mortgage meltdown and looming economic collapse of today.
Expand title description text
Biography & Autobiography Business History Nonfiction