The Stock Market Crash of 1929 – Part 2: Age of Illusion
Listen now
Description
As economic disaster looms in the Fall of ‘29, the American public is blissfully unaware, entranced by stratospheric share prices and the sunny proclamations of Wall Street cheerleaders. Jesse Livermore, the infamous “Boy Trader”, follows his hunches and prepares for the coming catastrophe. The Federal Reserve, rudderless and impotent after the untimely death of its leader Ben Strong, sits on its hands. “Sunshine” Charlie Mitchell, chief executive of the country’s largest bank, injects fresh life into the boom as the stock market bubble inflates to dangerous heights of make-believe.  SOURCES: Ahamed, Liaquat. Lords of Finance: The Bankers Who Broke the World. 2009. Allen, Frederick Lewis. Only Yesterday: An Informal History of the 1920s. 1931 Blumenthal, Karen. Six Days in October. 2002.  Charles Rivers Editors. Jesse Livermore. 2021. Charles Rivers Editors. Wall Street. 2020. Galbraith, John Kenneth. The Great Crash 1929. 1955. Galbraith, John Kenneth. A Short History of Financial Euphoria. 1990. Geisst, Charles R. Wall Street: A History. 1997. Klein, Maury. Rainbow’s End. 2001.  Morris, Charles R. A Rabble of Dead Money. 2017. Nations, Scott. A History of the United States in Five Crashes. 2017. Parker, Selwyn. The Great Crash. 2008. Perino, Michael. The Hellhound of Wall Street. 2010. Rubython, Tom. Jesse Livermore: Boy Plunger. 2016. Thomas, Gordon. Morgan-Witts, Max. The Day the Bubble Burst. 1979. Learn more about your ad choices. Visit megaphone.fm/adchoices
More Episodes
In January of 1948, Alfred Kinsey releases his first book, Sexual Behavior in the Human Male, igniting a firestorm of controversy across the United States. As the Professor scrambles to capitalize on his newfound fame and pen a sequel, his methodology comes under attack from skeptical academics...
Published 03/10/24
Published 03/10/24
As Dr. Alfred Kinsey begins his foray into sex research in 1938, he faces a rising tide of controversy at Indiana University, and is soon confronted with an ultimatum. While his research develops and his methodology takes shape, Kinsey is forced to reckon with hard truths about sex – and...
Published 02/07/24