-Before reading The Panic of 1907 , the year 1907 seemed like a long time ago and a different world. The authors, however, bring this story alive in a fast-moving book, and the reader sees how events of that time are very relevant for today's financial world. In spite of all of our advances, including a stronger monetary system and modern tools for managing risk, Bruner and Carr help us understand that we are not immune to a future crisis.- --Dwight B. Crane, Baker Foundation Professor, Harvard Business School -Bruner ...
Read More
-Before reading The Panic of 1907 , the year 1907 seemed like a long time ago and a different world. The authors, however, bring this story alive in a fast-moving book, and the reader sees how events of that time are very relevant for today's financial world. In spite of all of our advances, including a stronger monetary system and modern tools for managing risk, Bruner and Carr help us understand that we are not immune to a future crisis.- --Dwight B. Crane, Baker Foundation Professor, Harvard Business School -Bruner and Carr provide a thorough, masterly, and highly readable account of the 1907 crisis and its management by the great private banker J. P. Morgan. Congress heeded the lessons of 1907, launching the Federal Reserve System in 1913 to prevent banking panics and foster financial stability. We still have financial problems. But because of 1907 and Morgan, a century later we have a respected central bank as well as greater confidence in our money and our banks than our great-grandparents had in theirs.- --Richard Sylla, Henry Kaufman Professor of the History of Financial Institutions and Markets, and Professor of Economics, Stern School of Business, New York University -A fascinating portrayal of the events and personalities of the crisis and panic of 1907. Lessons learned and parallels to the present have great relevance. Crises and panics are as much a part of our future as our past.- --John Strangfeld, Vice Chairman, Prudential Financial -Who would have thought that a hundred years after the Panic of 1907 so much remained to be written about it? Bruner and Carr break significant new ground because they are willing to do the heavy lifting of combing through massive archival material to identify and weave together important facts. Their book will be of interest not only to banking theorists and financial historians, but also to business school and economics students, for its rare ability to teach so clearly why and how a panic unfolds.- --Charles Calomiris, Henry Kaufman Professor of Financial Institutions, Columbia University, Graduate School of Business
Read Less
Add this copy of The Panic of 1907: Lessons Learned From the Market's to cart. $9.30, good condition, Sold by Dream Books Co. rated 4.0 out of 5 stars, ships from Denver, CO, UNITED STATES, published 2007 by John Wiley and Sons.
Choose your shipping method in Checkout. Costs may vary based on destination.
Seller's Description:
Good. Gently used with minimal wear on the corners and cover. A few pages may contain light highlighting or writing but the text remains fully legible. Dust jacket may be missing and supplemental materials like CDs or codes may not be included. May be ex-library with library markings. Ships promptly!
Add this copy of The Panic of 1907: Lessons Learned From the Market's to cart. $9.56, very good condition, Sold by ThriftBooks-Baltimore rated 5.0 out of 5 stars, ships from Halethorpe, MD, UNITED STATES, published 2007 by John Wiley and Sons.
Add this copy of The Panic of 1907: Lessons Learned From the Market's to cart. $9.56, good condition, Sold by ThriftBooks-Atlanta rated 5.0 out of 5 stars, ships from Austell, GA, UNITED STATES, published 2007 by John Wiley and Sons.
Add this copy of The Panic of 1907: Lessons Learned From the Market's to cart. $9.56, good condition, Sold by ThriftBooks-Dallas rated 5.0 out of 5 stars, ships from Dallas, TX, UNITED STATES, published 2007 by John Wiley and Sons.
Add this copy of The Panic of 1907: Lessons Learned From the Market's to cart. $9.57, fair condition, Sold by Goodwill Books rated 5.0 out of 5 stars, ships from Hillsboro, OR, UNITED STATES, published 2007 by John Wiley & Sons.
Add this copy of The Panic of 1907: Lessons Learned From the Market's to cart. $9.57, very good condition, Sold by More Than Words rated 4.0 out of 5 stars, ships from Waltham, MA, UNITED STATES, published 2007 by John Wiley & Sons.
Choose your shipping method in Checkout. Costs may vary based on destination.
Seller's Description:
Very Good. . All orders guaranteed and ship within 24 hours. Your purchase supports More Than Words, a nonprofit job training program for youth, empowering youth to take charge of their lives by taking charge of a business.
Add this copy of The Panic of 1907: Lessons Learned from the Market's to cart. $9.80, very good condition, Sold by Hay-on-Wye Booksellers rated 5.0 out of 5 stars, ships from Hereford, UNITED KINGDOM, published 2009 by Wiley.
Choose your shipping method in Checkout. Costs may vary based on destination.
Seller's Description:
Very Good. Some outer edges have minor scuffs. Cover has light scratches. Reading content is in very good condition. Trade paperback (US). Glued binding. 296 p. Contains: Unspecified, Illustrations, black & white.
Add this copy of The Panic of 1907: Lessons Learned From the Market's to cart. $9.98, good condition, Sold by ThriftBooks-Reno rated 5.0 out of 5 stars, ships from Reno, NV, UNITED STATES, published 2009 by Wiley.
Add this copy of The Panic of 1907: Lessons Learned From the Market's to cart. $9.98, good condition, Sold by ThriftBooks-Dallas rated 5.0 out of 5 stars, ships from Dallas, TX, UNITED STATES, published 2009 by Wiley.
Add this copy of The Panic of 1907: Lessons Learned From the Market's to cart. $9.98, good condition, Sold by ThriftBooks-Baltimore rated 5.0 out of 5 stars, ships from Halethorpe, MD, UNITED STATES, published 2009 by Wiley.
for all the air head commentators who think they know something about the on-going depressed economic conditions. It provides excellent background for economic downswings. It is well written and presented in a readily understood format.
BruceHH
Feb 25, 2012
Eerie Financial panic centennial
Much of this book is a narrative of a very short time period, however it was a crucial time period. It discusses the relationships and actions of the individuals who were part of the causes and also of the solutions to the financial panic of 1907. When I came to lessons learned part I had to check when the book was written, i.e. in early 2007 and maybe earlier. The descriptions of risks taken,financial legerdemain and ensuing bailouts reads eerily like the fall of 2008. I guess the lessons were not learned as the author provides a Mark Twain quote to start the chapter "Education consists mainly in what we have unlearned.
