Monday, March 17, 2008

A Moment in 1932

In the preceding post, Jim Gust (and Jim Lileks) revisit the 1930's and '40's.

Shall we join them? We'll start by looking in on Congress. It's June, 1932. The Banking & Currency Committee has resumed its investigation of buying & selling practices on U. S. stock exchanges. (Did evil-doing shortsellers actually cause The Crash and the mayhem that followed?)

Thanks to this report from the Time archives, you can glimpse Senator Glass (yes, that Glass) at work.

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