The Crisis in Historical Perspective :: Center for History and Economics

Lucy Chen Bonnie Kavoussi Kelly Peeler Katherine Savarese Philipp Lehmann Joshua Specht. I n October , the failed attempt to corner the market on the United Copper Company's stock led to a string of bank runs and a national panic.

The failure of numerous banks and trusts, particularly the Knickerbocker Trust Company in New York, led to a crisis of faith in the banking system throughout the United States. Although the economic repercussions were quelled quickly, the panic transformed the way in which Americans viewed the banking system and the fundamental principles by which it was governed.

This web site seeks to explore the events leading up to the Panic, the relevance of specific events and economic trends, and the significance of the Panic as it relates to the current financial crisis. This site exhibits a timeline of events , list of important figures , series of pictures and cartoons , and the following papers listed below:.

Banking Reform in a Hostile Climate: The Panic of A Human-Caused Crisis, or a Thunderstorm? The Rise and Fall of J. Perverting Civilization or Pursuing Dreams: Arguments about Executive Compensation Practices in the United States, to The Center for History and Economics is not responsible for the contents or reliability of any external websites and does not necessarily endorse the views expressed within them.

All content c President and Fellows of Harvard University. Home About Timeline Working Papers Key Actors Images Bibliography Center for History and Economics. Center for History and Economics Top of Page. This site exhibits a timeline of events , list of important figures , series of pictures and cartoons , and the following papers listed below: