American Commercial Banks in Corporate Finance, 1929-1941

Discover the profound impact of New York banks on the economy during the Great Depression in American Commercial Banks in Corporate Finance, 1929-1941 by Taylor & Francis Inc. This insightful book, published in 1999, spans 450 pages and delves into how a select group of banks utilized term loans and collaborated closely with their affiliated life insurance companies to shape the money and credit supply. Through meticulous analysis, the author reveals the intricate relationships and strategies that influenced the financial landscape of the United States during a tumultuous period. Ideal for students, researchers, and anyone interested in economic history, this hardback edition offers a comprehensive understanding of corporate finance dynamics in the early 20th century. Explore the pivotal role of commercial banks in shaping economic outcomes during one of America's most challenging eras.