Two reckless speculators. One catastrophic week. The accidental birth of modern banking. In October 1907, F. Augustus Heinze and Charles W. Morse nearly destroyed the American economy-and inadvertently created the Federal Reserve.
In October 1907, two men nearly destroyed American capitalism through sheer arrogance and stupidity. F. Augustus Heinze thought he could corner the copper market. Charles W. Morse thought he could loot banks forever. They were both catastrophically wrong. What followed was three weeks of financial hell: bank runs, a stock market collapse, and J.P. Morgan playing central bank from his private library. The panic devastated ordinary Americans who'd done nothing wrong. But the disaster forced America to finally do what it should have done decades earlier: build a financial system that couldn't be destroyed by two idiots. The Federal Reserve, deposit insurance, securities regulation-all emerged from the rubble Heinze and Morse created. This is the untold story of how spectacular failure built modern finance.
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David G. Stone is a seasoned researcher and IT professional with over 20 years of experience in information technology, cybersecurity, and risk management. Holding a master's degree in Information Systems Management, David G. Stone has spent years helping businesses and individuals navigate the complex world of digital security.
As a CompTIA CySA+ certified cybersecurity expert, David G. Stone specializes in threat detection, vulnerability management, and security best practices. With extensive experience implementing the NIST Cybersecurity Framework, they have worked with organizations to strengthen their security posture and protect sensitive data from cyber threats.
Passionate about educating others, David G. Stone has now turned their expertise into an easy-to-follow guide designed to help remote workers, freelancers, and businesses safeguard their online accounts. Through The Remote Worker's Guide to Password Management, they provide practical, real-world strategies to enhance digital security and prevent cyber risks.
When not working in cybersecurity, David G. Stone explores emerging technologies, consults on IT risk management, developing innovative solutions for businesses, and writing. With a deep passion for money, history, economics, and business, David brings a sharp, curious mind to the page-blending engaging narrative with thoughtful analysis. A new writer with ELC Publishing, he is committed to turning his long-held interests and extensive published work into books that inform, entertain, and provoke reflection.
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Taschenbuch. Zustand: Neu. nach der Bestellung gedruckt Neuware - Printed after ordering - Two reckless speculators. One catastrophic week. The accidental birth of modern banking. In October 1907, F. Augustus Heinze and Charles W. Morse nearly destroyed the American economy-and inadvertently created the Federal Reserve.In October 1907, two men nearly destroyed American capitalism through sheer arrogance and stupidity. F. Augustus Heinze thought he could corner the copper market. Charles W. Morse thought he could loot banks forever. They were both catastrophically wrong. What followed was three weeks of financial hell: bank runs, a stock market collapse, and J.P. Morgan playing central bank from his private library. The panic devastated ordinary Americans who'd done nothing wrong. But the disaster forced America to finally do what it should have done decades earlier: build a financial system that couldn't be destroyed by two idiots. The Federal Reserve, deposit insurance, securities regulation-all emerged from the rubble Heinze and Morse created. This is the untold story of how spectacular failure built modern finance. Bestandsnummer des Verkäufers 9798237730999
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Taschenbuch. Zustand: Neu. Two Idiots, One Crash The Wild Tale Of Greed, Ego, And The Panic That Reshaped Wall Street | Rick Stupart | Taschenbuch | Englisch | 2026 | ELC Publishing | EAN 9798237730999 | Verantwortliche Person für die EU: Libri GmbH, Europaallee 1, 36244 Bad Hersfeld, gpsr[at]libri[dot]de | Anbieter: preigu Print on Demand. Bestandsnummer des Verkäufers 136959779
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