Download or read book The Florida Land Boom written by William Frazer and published by Praeger. This book was released on 1995-11-30 with total page 230 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Florida land boom was an outgrowth of the industrialization of America, the onset of World War I, and the special natural environment of the state. A place for forts and ports since the days of the Spanish Empire, the presence of military aviation in Florida served to bring attention to the state. Florida came to attract tourists, winter residents, as well as promoters, developers, and speculators. Rich in documentation and illustrated with photographs, this work is an effort to give serious theoretical and factual treatment to one of the great speculation booms in history.
Download or read book Banking and the Florida Land Boom written by William Johnson Frazer and published by . This book was released on 1991 with total page 18 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Bubble in the Sun written by Christopher Knowlton and published by Simon & Schuster. This book was released on 2021-01-12 with total page 432 pages. Available in PDF, EPUB and Kindle. Book excerpt: Christopher Knowlton, author of Cattle Kingdom and former Fortune writer, takes an in-depth look at the spectacular Florida land boom of the 1920s and shows how it led directly to the Great Depression. The 1920s in Florida was a time of incredible excess, immense wealth, and precipitous collapse. The decade there produced the largest human migration in American history, far exceeding the settlement of the West, as millions flocked to the grand hotels and the new cities that rose rapidly from the teeming wetlands. The boom spawned a new subdivision civilization—and the most egregious large-scale assault on the environment in the name of “progress.” Nowhere was the glitz and froth of the Roaring Twenties more excessive than in Florida. Here was Vegas before there was a Vegas: gambling was condoned and so was drinking, since prohibition was not enforced. Tycoons, crooks, and celebrities arrived en masse to promote or exploit this new and dazzling American frontier in the sunshine. Yet, the import and deep impact of these historical events have never been explored thoroughly until now. In Bubble in the Sun Christopher Knowlton examines the grand artistic and entrepreneurial visions behind Coral Gables, Boca Raton, Miami Beach, and other storied sites, as well as the darker side of the frenzy. For while giant fortunes were being made and lost and the nightlife raged more raucously than anywhere else, the pure beauty of the Everglades suffered wanton ruination and the workers, mostly black, who built and maintained the boom, endured grievous abuses. Knowlton breathes dynamic life into the forces that made and wrecked Florida during the decade: the real estate moguls Carl Fisher, George Merrick, and Addison Mizner, and the once-in-a-century hurricane whose aftermath triggered the stock market crash. This essential account is a revelatory—and riveting—history of an era that still affects our country today.
Download or read book The Effects of the Real Estate Boom on Florida State Banks written by Charles Bartlett Pinney and published by . This book was released on 1934 with total page 202 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Panic in Paradise written by Raymond B. Vickers and published by University of Alabama Press. This book was released on 1994 with total page 350 pages. Available in PDF, EPUB and Kindle. Book excerpt: Even when lawsuits disclosed the chicanery, state and federal regulators misled the public. Despite the official denials, the public panicked. The ensuing runs caused the banking crash.
Download or read book Miami Millions written by John Kenneth Ballinger and published by . This book was released on 1936 with total page 164 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Florida Land Boom of the 1920s written by Gregg M. Turner and published by McFarland. This book was released on 2015-10-14 with total page 192 pages. Available in PDF, EPUB and Kindle. Book excerpt: During the Roaring Twenties, millions of Americans moved to the Sunshine State seeking quick riches in real estate. Many made fortunes; others returned home penniless. Within a few years thousands of residential subdivisions, palatial estates, inviting apartment buildings and impressive commercial complexes were built. Opulent theaters and imposing churches opened, along with hundreds of municipal projects. A unique architectural theme emerged, today known as Mediterranean Revival. Railways and highways saw a renaissance. New cities--Boca Raton, Hollywood-by-the-Sea, Venice--were built from scratch and dozens of existing communities like St. Petersburg, Fort Lauderdale and Orlando were forever transformed by the speculative fever. Florida has experienced numerous land booms but none more sweeping than that of the 1920s. This illuminating account details how one of the greatest migration and development episodes in American history began, reached dizzying heights, then rapidly collapsed.
Download or read book Panic in Paradise written by Raymond B. Vickers and published by University Alabama Press. This book was released on 2007 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Panic in Paradise is a comprehensive study of bank loan failures during the Florida land boom of the mid-1920s, during the years preceding the stock market crash of 1929. Florida and Georgia experienced a banking panic in 1926 when in a ten-day period in July, after uncontrollable depositor runs, 117 banks closed in the two states. Uninsured depositors lost millions, and several suicides followed the financial havoc. During the crisis in Florida bank assets fell more than $300 million in 1926 alone, and between 1926 and 1929, they declined from $943 million to $375 million. The banking debacle has been blamed on the collapse of the Florida land boom. It was believed that the precipitous drop in real estate values created a regional recession that caused the banks to fail. Bankers were not regarded as the problem. In fact, they were defended by bank regulators, who blamed the crisis on the public. Banks that operated prudently during this period survived the deceleration of the land boom. But many bankers looted the financial institutions they pledged to protect. They tried to get rich by wildly speculating with depositors' money. When their schemes failed, so did their banks. Using bank records that had been legally sealed for almost 70 years, Vickers demonstrates that despite official disclaimers and previous historical accounts, virtually every bank failure that occurred in Florida and Georgia during 1926 involved massive insider abuses, a conscious conspiracy to defraud, or both. Regulatory secrecy permitted the banking debacle to grow beyond control as regulators concealed the magnitude of the problem. If depositors had known what banking officials knew, the panic would not haveoccurred. Depositors did not know the true condition of the banks because insider abuses and fraud were hidden by regulatory secrecy. Bank examiners reported the self-dealings to senior regulators, who passively watched the looting and withheld the truth from the depositors. Even when lawsuits disclosed the chicanery, state and federal regulators misled the public. Despite the official denials, the public panicked. The ensuing runs caused the banking crash. Vickers found that political interference with the defunct state and national banks continued during the liquidations. Bank regulators hired well-connected lawyers to represent the receiverships. The high-powered law firms were expensive, and their performances were often deplorable. Lawyers' fees and expensive settlements depleted bank assets further damaging both the banks and their depositors.
Download or read book Bubbles Booms and Busts written by Donald Rapp and published by Springer. This book was released on 2014-11-14 with total page 374 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book deals at some length with the question: Since there are many more poor than rich, why don’t the poor just tax the rich heavily and reduce the inequality? In the 19th century and the first half of the 20th century, the topic of inequality was discussed widely. Ending or reducing inequality was a prime motivating factor in the emergence of communism and socialism. The book discusses why later in the 20th century, inequality has faded out as an issue. Extensive tables and graphs of data are presented showing the extent of inequality in America, as well as globally. It is shown that a combination of low taxes on capital gains contributed to a series of real estate and stock bubbles that provided great wealth to the top tiers, while real income for average workers stagnated. Improved commercial efficiency due to computers, electronics, the Internet and fast transport allowed production and distribution with fewer workers, just as the advent of electrification, mechanization, production lines, vehicles and trains in the 1920s and 1930s produced the same stagnating effect.
Download or read book The Florida Land Boom of the 1920s written by Gregg M. Turner and published by McFarland. This book was released on 2015-05-11 with total page 192 pages. Available in PDF, EPUB and Kindle. Book excerpt: During the Roaring Twenties, millions of Americans moved to the Sunshine State seeking quick riches in real estate. Many made fortunes; others returned home penniless. Within a few years thousands of residential subdivisions, palatial estates, inviting apartment buildings and impressive commercial complexes were built. Opulent theaters and imposing churches opened, along with hundreds of municipal projects. A unique architectural theme emerged, today known as Mediterranean Revival. Railways and highways saw a renaissance. New cities--Boca Raton, Hollywood-by-the-Sea, Venice--were built from scratch and dozens of existing communities like St. Petersburg, Fort Lauderdale and Orlando were forever transformed by the speculative fever. Florida has experienced numerous land booms but none more sweeping than that of the 1920s. This illuminating account details how one of the greatest migration and development episodes in American history began, reached dizzying heights, then rapidly collapsed.
Download or read book A Land Remembered written by Patrick D Smith and published by Rowman & Littlefield. This book was released on 2012-10-01 with total page 286 pages. Available in PDF, EPUB and Kindle. Book excerpt: A Land Remembered has become Florida's favorite novel. Now this Student Edition in two volumes makes this rich, rugged story of the American pioneer spirit more accessible to young readers. Patrick Smith tells of three generations of the MacIveys, a Florida family battling the hardships of the frontier. The story opens in 1858, when Tobias and Emma MacIvey arrive in the Florida wilderness with their son, Zech, to start a new life, and ends in 1968 with Solomon MacIvey, who realizes that his wealth has not been worth the cost to the land. Between is a sweeping story rich in Florida history with a cast of memorable characters who battle wild animals, rustlers, Confederate deserters, mosquitoes, starvation, hurricanes, and freezes to carve a kingdom out of the Florida swamp. In this volume, meet young Zech MacIvey, who learns to ride like the wind through the Florida scrub on Ishmael, his marshtackie horse, his dogs, Nip and Tuck, at this side. His parents, Tobias and Emma, scratch a living from the land, gathering wild cows from the swamp and herding them across the state to market. Zech learns the ways of the land from the Seminoles, with whom his life becomes entwined as he grows into manhood. Next in series > > See all of the books in this series
Download or read book Hall of Mirrors written by Barry J. Eichengreen and published by Oxford University Press, USA. This book was released on 2015 with total page 521 pages. Available in PDF, EPUB and Kindle. Book excerpt: "A brilliantly conceived dual-track account of the two greatest economic crises of the last century and their consequences"--
Download or read book Florida Un Chained written by Charles W. Calomiris and published by . This book was released on 2023 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: To understand a price boom, it is helpful to take account of: (1) observable indicators of changes in ex ante risk tolerance, (2) what information exists and when, and (3) the incentives lenders face. This paper takes such an approach to the Florida land boom of the mid-1920s, the U.S.' first housing boom in which buyers from around the nation participated. Estimates suggest that an astounding 20 million lots were offered for sale in Florida at that time. Our detailed narrative and empirical evidence suggest that the facts do not require the assumption of irrational behavior, but rather can be explained with all actors behaving with "bounded rationality." We find that most Florida banks that failed were associated with the Manley-Anthony chain and did not exhibit increases in observable indicators of risk during the boom. Instead, their increases in risk mainly reflected hidden choices either to lend to bank insiders on a preferential basis or to fund other banks that were engaged in such risky and often fraudulent activities. Given bank regulators seem complicit in the risk-taking, even informed investors would have been left in the dark as to the amount of risk that was growing Florida.
Download or read book History of Banking in Florida 1828 1954 written by Junius Elmore Dovell and published by . This book was released on 1955 with total page 316 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The great American land bubble written by Aaron Morton Sakolski and published by Ludwig von Mises Institute. This book was released on 1966 with total page 436 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Boca Rococo written by Caroline Seebohm and published by Rowman & Littlefield. This book was released on 2023-03 with total page 337 pages. Available in PDF, EPUB and Kindle. Book excerpt: Addison Mizner’s Mediterranean-style mansions are much-admired Florida icons, where even today you can find many homes modeled with stucco walls and tiled roofs. In the paperback release of Boca Rococo, Caroline Seebohm’s successful biography on the flamboyant architect is more accessible now than ever as it reaches more readers interested in the man himself. Mizner had global experience from San Francisco to China during his early days, before landing in New York and eventually, South Florida. He had no formal training but did possess natural talent, establishing him as architect of the rich and famous. His designs made the city of Palm Beach one of America’s most elegant resort spots—and fed his dream of developing a “Venice-on-the-Ocean” in nearby Boca Raton. Mizner’s plans ended with the collapse of Florida’s real estate boom. He died in 1933, broken and bankrupt. With inspiration from and inclusion of never-before-seen material like floor plans and autobiographical works, and a new foreword written by the author, Seebohm gives readers a complete view of Mizner as one of the greatest architects and more flamboyant Americans.
Download or read book The Financial Crisis Inquiry Report written by Financial Crisis Inquiry Commission and published by Cosimo, Inc.. This book was released on 2011-05-01 with total page 692 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Financial Crisis Inquiry Report, published by the U.S. Government and the Financial Crisis Inquiry Commission in early 2011, is the official government report on the United States financial collapse and the review of major financial institutions that bankrupted and failed, or would have without help from the government. The commission and the report were implemented after Congress passed an act in 2009 to review and prevent fraudulent activity. The report details, among other things, the periods before, during, and after the crisis, what led up to it, and analyses of subprime mortgage lending, credit expansion and banking policies, the collapse of companies like Fannie Mae and Freddie Mac, and the federal bailouts of Lehman and AIG. It also discusses the aftermath of the fallout and our current state. This report should be of interest to anyone concerned about the financial situation in the U.S. and around the world.THE FINANCIAL CRISIS INQUIRY COMMISSION is an independent, bi-partisan, government-appointed panel of 10 people that was created to "examine the causes, domestic and global, of the current financial and economic crisis in the United States." It was established as part of the Fraud Enforcement and Recovery Act of 2009. The commission consisted of private citizens with expertise in economics and finance, banking, housing, market regulation, and consumer protection. They examined and reported on "the collapse of major financial institutions that failed or would have failed if not for exceptional assistance from the government."News Dissector DANNY SCHECHTER is a journalist, blogger and filmmaker. He has been reporting on economic crises since the 1980's when he was with ABC News. His film In Debt We Trust warned of the economic meltdown in 2006. He has since written three books on the subject including Plunder: Investigating Our Economic Calamity (Cosimo Books, 2008), and The Crime Of Our Time: Why Wall Street Is Not Too Big to Jail (Disinfo Books, 2011), a companion to his latest film Plunder The Crime Of Our Time. He can be reached online at www.newsdissector.com.
