Once in Golconda : A True Drama of Wall Street 1920-1938
Author: John Brooks
List Price: $19.95
Our Price: Click to see the latest and low price
ISBN: 0471357529
Publisher: John Wiley & Sons (10 September, 1999)
Sales Rank: 81,237
Average Customer Rating: 4 out of 5
Customer Reviews
Rating: 4 out of 5
Somehow you wind up siding with the thiefs and charlatans
This is a very good book.The book follows the 1920s and 30s stock market from the corner in Stutz stock (on which only people who were long originally gained) to the demise of the aristocratic Richard Whitney.
It could be fiction except that you see the similarities all around.
The description of 1929 is the best I have read. I wish I was there to see Whitney make the most famous bid in all stock exchange history (10 thousand US Steel at 205). I too would have fallen under his spell. And I too would have been shocked and scandalised by his eventual downfall.
Read this and make your judgement. Are you too taken in by the image of today's high flier? Or are you above that? Some people are. I am not sure I am
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