Isbn: 9781332230532 - testimony taken before the senate committee on banks and the senate of the state of new york, vol. 1 (classic reprint) (3 risultati)

PAP. Condizione: New. New Book. Shipped from UK. Established seller since 2000.

PAP. Condizione: New. New Book. Shipped from UK. Established seller since 2000.

Paperback. Condizione: New. Print on Demand. This historical volume examines the corruption scandal that led to the removal of DeWitt C. Ellis, the Superintendent of the New York State Banking Department, in 1877. The author contends that Ellis neglected his duties as the banking industry's watchdog, allowing the Mechanics and Traders Savings Institution to operate for years despite being deeply insolvent. The book details the ensuing investigation, Ellis' defense of his actions, and the testimony presented by the institution's trustees who had uncovered its precarious financial state. The author delves into the broader context of this scandal, highlighting systemic issues within the banking industry and the broader economy, while also examining the role of government regulation. Ultimately, this book sheds light on the ongoing tension between protecting depositors' funds and fostering industry growth. This book is a reproduction of an important historical work, digitally reconstructed using state-of-the-art technology to preserve the original format. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in the book. print-on-demand item.…