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Street of Dreams - Boulevard of Broken Hearts
Howard M. Wachtel
Wall Street's First Century
Plume
April 2003
On Sale: March 21, 2003
239 pages
ISBN: 0745319254
EAN: 9780745319254
Hardcover
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Non-Fiction
This is the story of America's most famous street, Wall
Street. No other place is so inextricably linked to the
nation's history, the development of capitalism and the
dramatic highs and lows of the financial markets. No other
place has provoked such mythology, or has been the subject
of so many dreams and illusions. Howard Watchel's book provides a fascinating account of the
origins of this famous street. Exploring its development
through the eighteenth and nineteenth centuries, he charts
its dramatic transformation, offering a window on the past
that helps us understand how it became the center of world
finance that we see today. Drawing on original archive
research, and illustrated throughout with photographs,
"Street of Dreams - Boulevard of Broken Hearts" is lively
and informative narrative that reads not only as a popular
history of one of America's great icons, but also as a
critical assessment of Wall Street's role in the political,
economic and cultural evolution of the country in the
nineteenth century. Watchel looks at the key characters -- both better-known and
lesser-known -- who shaped the course of Wall Street's early
years; he traces its wider social history and its physical
development and architecture; he focuses on the New York
Stock Exchange as the most important institution on the
street, including a wider history of banking houses and
competing exchanges; he explores how Wall Street has
influenced politics, and how it has been shaped by larger
political forces around it; and he examines its love-hate
relationship with two other streets -- Pennsylvania Avenue
and Main Street -- the forces of government and the people
of America.
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