The Gold Ring by Kenneth D Ackerman
In September 1869, two young speculators, Jay Gould and Jim Fisk, Jr., undertook perhaps the most audacious financial operation in American history - the cornering of the national gold supply. Fisk and Gould manipulated prices to the point that legitimate commerce froze to a halt. When the federal Treasury finally broke the corner on Black Friday, September 24, the price of $100 gold coin fell from $160 to $130 in fifteen minutes, sparking a national financial panic, a stock market depression, and the bankruptcy of major trading houses. The scandal reached the very household of President Ulysses Grant, and only the intervention of their friend, Boss Tweed of Tammany Hall, saved Fisk and Gould from personal ruin.Kenneth D.Ackerman has made ancient New York a favorite subject of his writing, which includes the critically praised biography BOSS TWEED: The Corrupt Pol Who Invented the Soul of Modern New York. For his first big new work in nine years, he returns to New York in a different era, the exhilarating eve of America's entry into World War I. Ackerman has a long legal career in Washington, D.C., in addition to his writing. both inside and outside of government, including serving as legal counsel to two U.S. senators. Senate committees, regulatory positions in both the Reagan and Clinton administrations, and administrator of the USDA's Risk Management Agency In Washington, he continues to practice private law.
| SKU | Unavailable |
| ISBN 13 | 9780396090656 |
| ISBN 10 | 0396090656 |
| Title | The Gold Ring |
| Author | Kenneth D Ackerman |
| Condition | Unavailable |
| Binding Type | Hardback |
| Publisher | Dodd Mead |
| Year published | 1988-01-01 |
| Cover note | Book picture is for illustrative purposes only, actual binding, cover or edition may vary. |
| Note | Unavailable |