DOCSLIB.ORG

Farnhaa, John* on the West Coast* BANKERS MAGAZINE

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Farnhaa, John* on the West Coast* BANKERS MAGAZINE Farnhaa, John* On the west coast* BANKERS MAGAZINE. N.Y., V.UO; 410-412, May 1940. In F. R. Bd. Libraiy. ficcles, Marriner Stoddard Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis Federal Reserve Act Curtis5 Janes Freeman The reminiscences of James Freeman Curtis N.Y. I95i# 2v.Typed. Based on interviews by Harlan B. Phillips, under auspices of Oral History Research Office, Columbia Univ. Index has references to Federal Reserve Act, Federal Reserve Bank of N.Y. and Benjamin Strong. Two copies in Col.Univ.Sjpecial Collections Dept., unbound* One bound copy in possession of Mrs. J.F. Curtis, 120 E# 30 St., New York Federal Reservie Act Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis The FEDERAL Reserve as a gold trusteeship. (Rand-McNally bankers monthly. Chicago, 1926. 4°. v. U3, no. 3, p. 34-350 Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis Federal Reserve Bank of Atlanta In memoriam, Eugene Robert Black, Jan.7,1873- Dec* 19, 1934-j report of Memorial Committee and resolution presented to Board of Directors of Federal Reserve Bank of Atlanta and adopted February 8, 1935 • Sp. In F. R. Bd. Library. j Black, Eugene Robert, 1873-1934 Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis Federal Reserve Bank of Atlanta - Research Dept# History of banking in the states of the Sixth Federal Reserve District. Atlanta, 195>5 • Comp. by Thomas Atkinson, Filed in Bibliography file. >Federal Reserve District, 6th• 'Banking- History - Bibliography Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis Federal Reserve Bank of Cleveland Bradford, Frederick A. Recent banking development in the city of Cleveland; a regional study. 1926• 172p. Thesis, including mention of Federal Reserve Bank of Cleveland. Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis Federal Reserve Bank of Cleveland. Clippings, May 1911* - December 191U; January 1915 - April 1917* 2 v. Photostat negatives of clippings from Slews- papers in Cleveland, New York, and some other cities, on Federal Reserve System* Filed in Committee Library • ? Federal Reserve System Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis CFederal Reserve Bank of Cleveland restrained in par collection controversy J COMMERCIAL & FINANCIAL CHRONICLE. Nov.18,1922, P.2211HL6. Action brought by Farmers & Merchants Bank of Catlettsburg, Ky#, against remitting at par. s> Par collection Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis Federal Reserve Bank of Dallas - Houston Branch Extract from the minutes of the meeting of the Board of Directors of the Houston Branch of the Federal Reserve Bank of Dallas, March 21, 1933 • Type. Filed in Committee files. 7 Bank holiday, 1933 Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis Federal Reserve Bank of New York Curtis, James Freeman The reminiscences of James Freeman Curtis N.Y# 1951 # 2v,Typed* Based on interviews by Harlan B# Fhillips, under auspices of Oral History Research Office, Columbia Univ# Index has references to Federal Reserve Act, Federal Reserve Bank of N#Y« and Benjamin Strong* Two copies in Col#Univ* Special Collections Dept., unbound* One bound copy in possession of Mrs* J.F# Curtis, 120 E* 30 St*, New York FW^aOTTteseirve Bank -of Vew-~¥erk Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis Federal Reserve Bank of New York Discussion notes of meetings of the directors of the Federal Reserve Bank of New Yorfc July 2$, 1932 to September 25, 1933, vol .3- Informal minutes of directorsf meetings during banking holiday of 1933, in bound form in Secre­ tary^ Office• y Banking Holiday^ 1933 Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis Federal Reserve Bank of Richmond. Letters to collene classes in economics and banking, discussing the practical operations of the Federal Reserve System• Auth#lj21-26. 19 letters on vsrious Federal Reser^ e subjects In Reference Library, F.R.B. of N.Y* > t ^ Federal Reserve System uie^siCg eiuesaa "psjape^ % Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis Federal Heserve Bank of St* Louis Robertson> R. M. History of the American economy* N,Y. Har- eourt,cl9f>5* xiv*593p« Author is Financial Economist of the Federal Reserve Bank of St. Louis* Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis Federal Reserve Bank of San Francisco Beach, J«P. Diary of Joseph P. Beachj log of the ship tf Apollo11 - New York to San Francisco, January to September lbh9* Photostatic enlargement, bound in leather, of original journal excavated from filled land on site of present building of F. R« Bank of San Francisco and now located in Bankfs library,709.S$. Author was managing editor of N*Y# Sun from I863 to I867. Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis Federal Reserve Bank of San Francisco . COMMERCIAL ft FINANCIAL CHRONICLE. June 13,1925, P* 3015. Brookings, Oregon, bank av/arded verdict against F.R. Bank of San Francisco. 7 Par collection Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis Federal Reserve Bank of San Francisco Evacuation operation - Pacific Coast military areas 19l£; report of the Federal Reserve Bank of San Francisco. Mimeo.bound. Account of stewardship of F. R. B. of San Francisco as fiscal agent of U.S. over property of Japanese who were evacuated during lorld War II from Coast to interior concentration camps. ^t ^ Japanese in California Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis Federal Reserve Bank of San Francisco Howard, C. S. Archibald Chetwode Kains* THE CANADIAN BANKER, Winter 1955, p.139 - lid- A. u. Kains was first governor of the San Francisco Bank, 19lU - l6# (no main card) Kains, Archibald Chetwode Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis Federal Reserve Bank Services Lysen, Milford E. Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis Federal Reserve Banks Glass, Carter location of regional reserve banks: speech .. in the House of Representatives, April 8, 191b* Wash., Govt, print, office, 19liu It6p. 21icnu Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis Federal Reserve Banks U.S. Reserve bank organization committee • .First-choice for reserve-bank cities. Letter from the Reserve bank organization com­ mittee transmitting in response to the resolution of the House of representatives, dated April 15 # 191U, a statement of the ballots cast by the various national banks of the United States to determine their choice for reserve cities ••Wash*, Govt* print* office, 191iu l5p. 23cm. (63d Cong. 2d Sess. House. Doc* 113U) Committee: W.G.McAdoo, D.F.Houston, Jno* Skelton Wms* Board Library /FedeTaSJ-Kefie^^^HBeoricy" Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis The FEDERAL fiesexve Banks and price stabilization. (National City Bank of New York. Economic conditions. New York, 1926. 4°. p. 108-110.) Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis Federal Reserve Board Development of research work in the Federal Reserve System. Dec #6,191111. 21 p*mimeo# Copy in Secretary fs office, F.R. Board• None in Ref. Library, F« R. B. of N.Y. Ill attachments re principles to go /era opera- tions/roserve Bank research departments, System Research Advisory Committee and System project on postwar economic problems* Federal Reserve System - Research t Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis Federal Reserve Board - Foreign Exchange Div# Kent, Fred I* Report on the operations of the Division of Foreign Exchange of the Federal Reserve Board* Wash .Fed#Res*Bd., 1918• 26p .Typed. Reprinted, with some changes, in 5th Annual Report of Federal Reserve Board, p #1*6-59 • Ffederal Mser^T^^^^¥ore±m Sifii^g# B**%#ion Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis Federal Reserve Board - Library- Material on Beserve bank organisation committee transferred from the Board's Library on July lit, 195U to the Board's General Files for their collect­ ion of Reserve Bank Organization archives* Wash. F.R.Bd •Lib .1955 • Typed list. From A. Sutherland, FJt.Bd .librarian > with lett r 3/LO/55. >U.S.* Reser/e bank organization committee Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis Federal Reserve District, 6th• Federal Reserve Bank of Atlanta - Research Dept* History of banking in the states of the Sixth Federal Reserve District. Atlanta,19S>5* Comp* by Thomas Atkinson* Filed in bibliography file* Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis Federal Reserve Districts U.S. Reserve bank organisation committee Decision of the reserve bank organization committee determining the federal reeerve dis­ tricts and the location of federal reserve banks, under Federal reserve act, approved December 23, 1913 * April 2, 1911* with statement of the com­ mittee in relation thereto, April 10, 19l!n Wash., Govt, print, office, 191U. 27; 2iicm. Committee: W.G.McAdoo, D.F.Houston, Jno.Skelton Williams. Board Library %*a&m^$m&err&^mtric$s Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis Federal Reserve Districts U*S# Reserve bank organisation committee Hearing held by Reserve bank organization committee re location of reserve district• Jan.6-Feb, 17, 19llu l&r. These hearings are highly confidential and kept in Secretaryfs office• Minutes and Indexing Unit* General Files has nine file drawers of material* r^A f^ f>< (This is a note we have in our card catalog - Board Library) *ed«»l-Beierve Districts Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St.
Load more

Recommended publications
  • The President and Precious Metals
    THE PRESIDENT AND PRECIOUS METALS “Where secrecy or mystery begins, vice or roguery is not far off.” ---Samuel Johnson, English author Presented March 2013 by Charles Savoie “OUR GOVERNMENT PRESENTS THE SPECTACLE OF RULE BY CRIMINAL OVERLORDS WHO HAVE FREE ENTRY INTO THE WHITE HOUSE AND ASSOCIATE INTIMATELY WITH MEMBERS OF THE PRESIDENT’S FAMILY.” -(Emanuel Josephson, page 182, “Rockefeller Internationalist,” 1952) “We are living in an age in which it is impossible for anyone to reach the highest office in the United States WITHOUT SERVING INTERESTS AND POWERS THAT ARE INEXPRESSIBLY EVIL” ---(Martin Larson in his fine expose, “The Federal Reserve and Our Manipulated Dollar” 1975, pages 96-97) “WHERE AN EXCESS OF POWER PREVAILS PROPERTY OF NO SORT IS DULY RESPECTED.”- (President James Madison 1809-1817) “THE APPALLING RESIDENT OF THE WHITE HOUSE IS LITTLE BETTER THAN A BIZARRE HYBRID OF A CANNIBALISTIC VOODOO PRACTITIONER AND A PUS FLINGING, THORNY DEMON STRAIGHT OUT OF DANTE’S INFERNO! THE MONEY POWER IS USING THE FEDERAL GOVERNMENT TO RUIN THE PEOPLE.” ---Charles Savoie Please don’t complain this presentation is “too long.” I can’t Vulcan mind-meld this information to you. Do you have any idea how much reading an attorney has to do to get a law degree? This won’t be but a tiny splinter as much. Also, there are no “tangents” being discussed. They are ramifications that show the extent of the influence network fighting against free markets! You haven’t read the Bible just by reading “Jesus wept.” Comprehension of a subject isn’t accomplished by people with a nanosecond attention span! You can’t psychically absorb information from the aura of the environment! If you regard being thorough as a demerit, read no further.
    [Show full text]
  • We Should Disregard International Banking Influence in the Pursuit of Our Congressional Monetary Policy.”
    Presented © January 2011-2017 by Charles Savoie An Initiative to Protect Private Property Rights of American Citizens “A GIGANTIC CONSPIRACY WAS FORMED IN LONDON AND NEW YORK TO DEMONETIZE SILVER” ---Martin Walbert, “The Coming Battle—A Complete History of the National Banking Money Power in the United States” (1899) "A Secret Society gradually absorbing the wealth of the world." --- Last Will & Testament of diamond monopolist Cecil Rhodes “HERE AND EVERYWHERE” ARE YOU INTERESTED IN PROTECTING YOUR OWNERSHIP RIGHTS IN PRECIOUS METALS? THEN PLEASE READ THIS, TAKE WEEKS TO CHECK OUT THE DOCUMENTATION IF YOU DISPUTE IT, AND DO EVERYTHING YOU CAN TO ENCOURAGE THE WIDEST POSSIBLE READERSHIP FOR IT! THIS MEPHISTOPHELES AND HIS ASSOCIATES AND SUCCESSORS MUST BE STOPPED FROM USING THE PRESIDENT TO SEIZE SILVER AND GOLD! (There is no Simon Templar halo over his head!) Ted Butler, the most widely followed silver commentator, has often said to buy and hold physical, because that puts you beyond COMEX rule changes. That’s correct! However, there remains an immeasurably more insidious, far reaching entity that can change rules---Uncle Sam, and he’s tightly in the grasp of the same forces who’ve depressed silver for generations. Uncle Sam nationalized gold and silver in the Franklin Roosevelt administration; this is subject to a repeat! Now that the price can’t be suppressed, what’s next? FORBID OWNERSHIP! You have hours for professional sports and TV talk shows; how about some time for your property rights, without which you can go broke? Whether the excuse cited is North Korea, the Middle East or other, the actual reason is to break us and prevent capital formation on our part! Please read and act on what follows--- ******************************************************************* *** “What an awful thought it is that if we had not lost America, or if even now we could arrange with the present members of the United States Assembly and our House of Commons, the peace of the world is secured for all eternity.
    [Show full text]
  • Technocracy and the Market
    Technocracy and the Market World Bank Group Technical Assistance and the Rise of Neoliberalism Adrian Robert Bazbauers September 2013 A Thesis Submitted for the Degree of Doctor of Philosophy of The Australian National University. Declaration This thesis in its entirety is my own original work. While members of academic staff and fellow PhD candidates gave feedback, the materials included, the argument constructed, and the ideas presented are my own. Adrian Robert Bazbauers 24 September 2013 Acknowledgements To John Minns, For supervising and guiding the construction of my thesis. To April Biccum, Sean Burges, and Jim George, For reading and commenting on my ideas. To Alastair Greig and Kate Lee-Koo, For revealing the joys of an academic life. To Tom Chodor, Guy Emerson, and Brendan McCaffrie, For inspiring me and for being there to look up to. To Mum, Dad, and Inga, For encouraging my every step and for loving my every fault. To Angela Spence, For sharing this tumultuous adventure. To Natalie Peters-Jones, For being awesome. Abstract This thesis analyses the provision of technical assistance by the World Bank Group (the Group) from 1946 to 2010. Technical assistance concerns the transmission of knowledge and practices to encourage economic growth. Starting from the ontological position that “development” is merely a series of normative positions that change over time and that are dependent upon the worldview of the observer, it argues that Group technical assistance has helped to construct, project, and legitimise particular development “truths”. Drawing upon literature from within the discipline of International Political Economy, this analysis regards technical assistance as a form of power whereby exercising actors are able to persuade others and define structures in such a way as to make particular understandings appear as common sense.
    [Show full text]
  • Silver Suppressors Hiding in the Dark!
    SILVER SUPPRESSORS HIDING IN THE DARK! Presented As A Three Piece Series July 2014 by Charles Savoie “There is unseen by most, an underworld, a place that is just as real, but not as brightly lit ---a dark side.” ---Intro, “Tales From The Darkside” (1983-1988) “Those are the ones we want to hear about, those bad companions!” John Wayne as Texas Ranger Jake Cutter in “The Comancheros” (1961) “Who are these Pilgrims? I have since made a study of them. Their organization is one of immense power, and just now they hold our country in the hollow of their hands. They control the banks, they control the press and can sway public sentiment by means of their corrupt news services from one end of the country to the other. They are determined to force this country into war.” “A powerful and unscrupulous aristocratic plutocracy has seized upon the strength and resources of our nation. Great English bankers have been plotting here for years to seize the reins of government. So far, these men have succeeded.” “The Society of Pilgrims is operating to promote war between this country and the Central Powers of Europe.” “We have become subjects of a pro-British group of plutocrats who sneer at the wishes of the public and force it to their will.” “Enough has been shown here to demonstrate the great peril to our country of this sinister organization, the Pilgrims of the United States. I address my fellow countrymen to caution them and to warn them of the dreadful consequences that will ensue if this English banking group of Wall Street is permitted to continue in power.
    [Show full text]
  • Akurian Metaphysician's Handbook Volume I
    AKURIAN METAPHYSICIAN'S HANDBOOK VOLUME I AKURIAN METAPHYSICIAN'S HANDBOOK Volume I By The Akurians. Copyright 2011, The Akurians. All Rights Reserved. International Copyright Secured. The Most High Lord God of All Creation, The Most High Supreme Lord of Spirits, the God of Ish (Adam) and Isha (Eve), the God of Enoch, the God of Noe (Noah), the God of Shem, the God of Melchizedek, the God of Audreah, the God of Abraham, the God of Ishmael (Arabia), the God of Isaac, and the God of Jacob (Israel) will personally communicate with YOU, the individual! Just be prepared to understand YOU have been lied to all your life, about everything! And be prepared to possess the True Spiritual Knowledge YOU have been deliberately deprived of: When The Most High, Himself, Testifies to You that each and every word, statement and claim in this book is absolute, consistently verifiable and indisputable TRUTH! If the Testimony of The Most High, Himself, isnʹt sufficient, what would be? 1 THE BRIEFINGS PRIOR TO AND AUDIENCE BEFORE THE MOST HIGH STATEMENT OF CLAIM Those words enscribed herein and indicated with double quote marks (ʺʺ) are given directly from The Most High and translated and transcribed directly out of Angelic, the Language of All the Heavens Above All the Earths and in All the Depths Beneath All the Earths, and are the Height of Absolute in Authority without exception. The Constitution of the United States as originally enacted is a Holy Document. The atrocities committed against it via court precedents; usually as (a) result of the victim not having financial resources to continue the necessary legal proceedings; and outright treasonous legislations enacted by One World Government socialists since its very inception, notwithstanding.
    [Show full text]
  • The Minneapolis Plan to End Too Big to Fail
    THE MINNEAPOLIS PLAN TO END TOO BIG TO FAIL DECEMBER 2017 THE MINNEAPOLIS PLAN | ENDING TOO BIG TO FAIL | CONTENTS TABLE OF CONTENTS Comments & Responses 1 Summary for Policymakers 39 The Minneapolis Plan 59 Section 1 Summary 59 Section 2 Recommendations: Key Support and Motivation 67 Section 3 General Empirical Approach for the Capital and Leverage 88 Tax Recommendations Section 4 Technical Calculations for the Capital and Leverage 116 Tax Recommendations Section 5 The Banking and Financial System Post-Proposal Implementation 124 Appendix A The Leverage Ratio in the Minneapolis Plan 126 Appendix B Ending TBTF Initiative Process 128 References 161 | 1 | FEDERAL RESERVE BANK OF MINNEAPOLIS THE MINNEAPOLIS PLAN TO END TOO BIG TO FAIL DECEMBER 2017 COMMENTS & RESPONSES THE MINNEAPOLIS PLAN | ENDING TOO BIG TO FAIL | COMMENTS & RESPONSES The Minneapolis Plan to End Too Big To Fail COMMENTS PROVIDED AND RESPONSES he Federal Reserve Bank of Minneapolis issued a draft Plan to End Too Big to Fail on November T16, 2016. The Plan included a request for comment that contained 11 specific questions for respondents to address. In addition, the Minneapolis Fed has presented the Plan in a number of forums, also with the goal of soliciting comments. This section of the Final Proposal details the comments we received in the process, our responses to the comments, and the revisions, if any, made to address the comments. We organize the comments by the relevant question they addressed. Note that we summarize the comments we received rather than providing them verbatim, both for brevity and to increase their clarity.
    [Show full text]
  • Transforming the Bank G
    16044 Sef-1296 Public Disclosure Authorized Bankers X/r ~witb a lvission Public Disclosure Authorized The Presidents of the World Bank, 1946-91 Public Disclosure Authorized Jochen Kraske with William H. Becker William Diamond Louis Galambos Public Disclosure Authorized >Q ~con v.-E 4 Bankers \ 4 ~~witb a lvission The Presidents of the World Bank, 1946-91 ochen Kraske with William H. Becker William Diamond Louis Galambos Pu b I i shed f or the World Ba nk OXFORD UNIVERSITY PRESS Oxford UniversiryPress OXFORD NEW YORK TORONTO DELHI BOMBAY CALCUTTA MADRAS KARACHI KUAIA LUMPUR SlNGAPORE HONG KONG TOKYO NAIROBI DAR ES SALAAM CAPE TOWVN MELBOURNE AUCKLAND and associated companies in BERLIN IBADAN (C 1996 ITheInternational Bank for Reconstruction and Development / THE WORLDBANK 1818 H Street, N.W. Washington, D.C. 20433, U.S.A. Published by Oxford University Press. 200 Madison Avenue, New York, N.Y. 10016 Oxford is a registeredtrademark of Oxford University Press. All rights reserved. No part of this publication may be reproduced, srored in a retrieval system, or transmirted, in any form or by any means, electronic, mechanical,photocopying, recording, or otherwise,without the prior permissionof Oxford University lPress. Manufictured in the United States of America First printing September 1996 The findings, interpretations, and conclusionsexpressed in this study are entirely those of the authors and should not be attributed in any manner to the World Bank, to its affiliated organizations, or to members of its Board of Executive Directors or the countries they represent. Photos:All the photographs are from the World Bank photo archives.Page 114, by Fabian Bachrach; first page of photo insert, by Edwin Huffman; last page of photo insert, by Michele lannicci Desigrn:Joyce Petruzzelli Libraryof CongressCataloging-in-Publication Data Bankerswith a mission : the presidentsof the World Bank, 1946-91 / Jochen Kraske ..
    [Show full text]
  • Black-ER-1October2014-May2021
    1 BLACK, Eugene Robert, third President of the International Bank for Reconstruction and Development (IBRD) or World Bank (since 1956 World Bank Group) 1949-1962, was born 1 May 1898 in Atlanta, Georgia, and passed away 20 February 1992 in Southampton, Long Island, New York, United States. He was the son of Eugene Robert Black, lawyer and banker, and Gussie King Grady, homemaker. On 8 June 1918 he married EliZabeth ‘Dolly’ Blalock. They had one daughter and one son (also named Eugene Robert). After her death on 2 April 1928 he married Susette Heath on 25 January 1930. They had one son. Source: http://web.worldbank.org/WBSITE/EXTERNAL/EXTABOUTUS/EXTARCHIVES/ 0,,contentMDK:20487078~pagePK:36726~piPK:437378~theSitePK:29506,00.html On film (21 April 1952): www.archive.org/details/gov.archives.arc.95750 Black was born into a family that was both wealthy and well-connected. His father, who was a lawyer and banker, became Governor of the Federal Reserve Bank of Atlanta and later briefly Chair of the Federal Reserve Board of Governors (1933-1934). His mother was the daughter of Henry Woodfin Grady, a famous journalist, orator and spokesperson for the New South. In 1918 Black graduated cum laude from the University of Georgia, where he majored in Latin. He served briefly as an ensign in the United States (US) Navy in the First World War, summing up that period of his life as: ‘I was the seasickest ensign who ever went to sea’ (Black Named 1965: 54). Following the war he joined the Atlanta office of Harris, Forbes & Co., a New York investment firm.
    [Show full text]
  • Financial Crisis Inquiry Commission Releases Additional Material and Concludes Work
    For Immediate Release Contacts: February 10, 2011 Tucker Warren, 202-292-1346 [email protected] After February 11, 2011 Emily Lenzner, 202-464-6914 [email protected] Susan Baltake, 856-354-9382 [email protected] Financial Crisis Inquiry Commission Releases Additional Material and Concludes Work (Washington, DC) – The Financial Crisis Inquiry Commission announced today the release of significant new material on its website (www.fcic.gov). As the Commission prepares to close its doors on February 13, 2011, it is making available to the public an unprecedented amount of information including nearly 2,000 documents and more than 300 witness interviews in audio, transcript or summary form (213 of these have been posted as of today with the balance to be placed on the website by February 13). Also included in the newly released content are data compiled by the Commission staff used to inform the Commission’s inquiry and an interactive timeline of the crisis. These new materials along with the Commission’s report create a written and oral history of this financial and economic crisis available for public review for years to come. Since the release of the Commission’s final report on January 27, 2011, the Commission’s website – which offers a free downloadable version of the report and accompanying dissents as well as print and eBook versions offered by PublicAffairs and the Government Printing Office – has had more than 350,000 unique visitors and more than 750,000 page visits. The Commission’s report, delivered to the President, Congress and the American people contains the data and evidence collected in the Commission’s inquiry, the conclusions of the Commission based on that inquiry, and accompanying dissents.
    [Show full text]
  • MGMT-121 Group Project Sample
    1 MGMT-121: Federal Reserve Historical Analysis Eugene Meyer & Eugene Black 2 The Federal Reserve System was created in 1913 in order to strengthen the economy of the United States. Prior to the organization of =the Federal Reserve System banking power was centralized in New York or Washington D.C. but the creation of the Federal Reserve helped to spread the power among twelve federal banks. The Federal Reserve currently has 7 members appointed by the President and confirmed by the Senate and each serves a 14-year term (Education). Eugene Meyer and Eugene Black where some of the first people to serve as a Federal Reserve chairmen. Eugene Meyer worked as a Federal Reserve chairman for three years, serving from September, 1930 until May of 1933. In 1901 at age 26 Meyer created the brokerage firm, Eugene Meyer Jr. and Co. that focused primarily on investment banking but also included railroad, oil, and automotive industries (Eugene I). Meyer began serving the government in 1917 as a member of the Committee of Raw materials and then the following year, Meyer served as the Director of War Finance Corporation. In 1927 Meyer was chosen to become a member of the Federal Farm Loan Board, but two years later he resigned and was appointed by President Hoover to lead the Federal Reserve Board. 3 While serving as a chairman for the Federal Reserve, Meyer wanted reform in the banking system by creating a commercial banking system that only allowed nationally chartered banks and was a chairman who preferred government intervention for financial problems.
    [Show full text]
  • Dodd-Frank Is a Pigouvian Regulation
    AARON M. LEVINE & JOSHUA C. MACEY Dodd-Frank Is a Pigouvian Regulation AB 5 TRAC T. Almost eight years after the passage of Dodd-Frank, financial institutions remain large, complex, and interconnected. Academics and policymakers across the ideological spec- trum largely agree that Dodd-Frank has imposed substantial compliance costs on systematically important financial institutions (SIFIs) without solving the problem that they are too big to fail. This Note argues that Dodd-Frank's compliance costs have actually served an important regula- tory purpose. By analyzing the spinoffs and divestitures that have occurred at eleven SIFIs since Dodd-Frank went into effect in 201o, this Note documents the extent to which the Act's compli- ance costs have led SIFIs to shed business lines of their own accord. The data reveal that regulators can adjust Dodd-Frank's costs in response to the perceived riskiness of specific business units, and that SIFIs can respond to these adjustments by divesting the business lines that caused their com- pliance costs to increase - that is, SIFIs' riskiest lines of business. In this way, Dodd-Frank has had an effect analogous to that of a Pigouvian tax - what we call a "Pigouvian regulation." Furthermore, because Dodd-Frank grants regulators discretion to ramp up (or down) these compliance costs over time, it provides them with powerful tools to incentivize SIFIs to become less systemically important. We therefore conclude that Dodd-Frank's compliance costs are not a mere ancillary ef- fect of the law, but rather support the Act's core purpose by empowering regulators to force SIFIs to divest themselves of their riskiest assets.
    [Show full text]
  • SILVER SUPPRESSORS HIDING in the DARK III Part Three of Three Parts Presented July 2014 by Charles Savoie
    SILVER SUPPRESSORS HIDING IN THE DARK III Part Three of Three Parts Presented July 2014 by Charles Savoie Also from a London meeting--- Halifax became the Earl of Halifax and was president of The Pilgrims of Great Britain (1950-1958). This is the fiend who more than any other Pilgrims Society conspirator, directly and with full intent, caused the Great Depression. As British Viceroy of India (1926- 1931, under The Crown, King George V) he was also known as Lord Irwin, and he signed off on a plan to dump Indian silver on global markets to the extent of hundreds of millions of ounces. The full details are in “The Silver Stealers,” and are a potent antidote to the senseless drivel so often seen in gold circles that the Crash of October 1929 and Federal Reserve policies were the main cause of the Depression. Those events exacerbated it, but they were hardly the driving force behind it. Neither of those things caused mass unemployment. At the time we actually had large export activities to the Far East, China and India. When the value of silver plummeted due to this Pilgrims Society conspiracy against monetary silver, the buying power of at least 800 million Far Eastern consumers ceased. That in turn caused millions and millions of American factory workers to be idled and forced into soup kitchens and bread lines. It caused a fantastic wave of foreclosures. Certainly these export industries had Pilgrims Society members on their boards of directors. The connivers very likely went short before the export trade seized up, and certainly by summer 1929, due to a known signal issued by Pilgrims Society member Paul Warburg, father of the Federal Reserve Act.
    [Show full text]