Download or read book Breaking the Banks in Motor City written by Darwyn H. Lumley and published by McFarland. This book was released on 2009-09-12 with total page 203 pages. Available in PDF, EPUB and Kindle. Book excerpt: This history tells the relatively unknown story of how the Detroit automobile industry played a major role in the 1933 banking crisis and the subsequent New Deal reforms that drastically changed the financial industry. Spurred by failed decision making and conflicts of interest by automobile industry leaders, Detroit banks experienced a critical emergency, precipitating the federal closure of banks on March 4, 1933, the first in a series of actions by which the federal government acquired power over economics previously held by states and private industrial and financial interests.
Download or read book City of Champions written by Stefan Szymanski and published by The New Press. This book was released on 2020-10-13 with total page 418 pages. Available in PDF, EPUB and Kindle. Book excerpt: The changing fortunes of Detroit, told through the lens of the city's major sporting events, by the bestselling author of Soccernomics, and a prizewinning cultural critic From Ty Cobb and Hank Greenberg to the Bad Boys, from Joe Louis and Gordie Howe to the Malice at the Palace, City of Champions explores the history of Detroit through the stories of its most gifted athletes and most celebrated teams, linking iconic events in the history of Motown sports to the city's shifting fortunes. In an era when many teams have left rustbelt cities to relocate elsewhere, Detroit has held on to its franchises, and there is currently great hope in the revival of the city focused on its downtown sports complexes—but to whose benefit? Szymanski and Weineck show how the fate of the teams in Detroit's stadiums, gyms, and fields is echoed in the rise and fall of the car industry, political upheavals ushered in by the depression, World War II, the 1967 uprising, and its recent bankruptcy and renewal. Driven by the conviction that sports not only mirror society but also have a special power to create both community and enduring narratives that help define a city's sense of self, City of Champions is a unique history of the most American of cities.
Download or read book Dream City written by Conrad Kickert and published by MIT Press. This book was released on 2019-06-11 with total page 457 pages. Available in PDF, EPUB and Kindle. Book excerpt: Tracing two centuries of rise, fall, and rebirth in the heart of downtown Detroit. Downtown Detroit is in the midst of an astonishing rebirth. Its sidewalks have become a dreamland for an aspiring creative class, filled with shoppers, office workers, and restaurant-goers. Cranes dot the skyline, replacing the wrecking balls seen there only a few years ago. But venture a few blocks in any direction and this liveliness gives way to urban blight, a nightmare cityscape of crumbling concrete, barbed wire, and debris. In Dream City, urban designer Conrad Kickert examines the paradoxes of Detroit's landscape of extremes, arguing that the current reinvention of downtown is the expression of two centuries of Detroiters' conflicting hopes and dreams. Kickert demonstrates the materialization of these dreams with a series of detailed original morphological maps that trace downtown's rise, fall, and rebirth. Kickert writes that downtown Detroit has always been different from other neighborhoods; it grew faster than other parts of the city, and it declined differently, forced to reinvent itself again and again. Downtown has been in constant battle with its own offspring—the automobile and the suburbs the automobile enabled—and modernized itself though parking attrition and land consolidation. Dream City is populated by a varied cast of downtown power players, from a 1920s parking lot baron to the pizza tycoon family and mortgage billionaire who control downtown's fate today. Even the most renowned planners and designers have consistently yielded to those with power, land, and finances to shape downtown. Kickert thus finds rhyme and rhythm in downtown's contemporary cacophony. Kickert argues that Detroit's case is extreme but not unique; many other American cities have seen a similar decline—and many others may see a similar revitalization.
Download or read book The United States District Court for the Eastern District of Michigan written by David Gardner Chardavoyne and published by Wayne State University Press. This book was released on 2012-03-15 with total page 458 pages. Available in PDF, EPUB and Kindle. Book excerpt: A chronological history of the United States District Court for the Eastern District of Michigan, from its beginnings in the 1830s to the present. The United States District Court for the Eastern District of Michigan, the federal trial court based in Detroit with jurisdiction over the eastern half of Michigan, was created in 1837 and operated as recently as 1923 with a single trial judge. Yet by 2010, the court had fifteen district judges, a dozen senior U.S. district judges and U.S. magistrate judges, and conducts court year-round in five federal buildings throughout the eastern half of Michigan (in Detroit, Bay City, Flint, Port Huron, and Ann Arbor). In The United States District Court for the Eastern District of Michigan: People, Law, and Politics, author David Gardner Chardavoyne details not only the growth of the court but the stories of its judges and others who have served the court, litigants who brought their conflicting interests to the court for resolution, and the people of the district who have been affected by the court. In chronological order, Chardavoyne charts the history of the court, its judges, and its major cases in five parts: The Wilkins Years, 1837 to 1870; The Industrial Revolution and the Gilded Age, 1870 to 1900; Decades of Tumult, 1900 to 1945; The Era of Grand Expectations, 1946 to 1976; and A Major Metropolitan Court, 1977 to 2010. Along the way, Chardavoyne highlights many issues of national concern faced by the court, including cases dealing with fugitive slave laws, espionage and treason, civil rights, and freedom of speech. Chardavoyne also examines how conflicting interests—political, local, and personal—have influenced the resolution of a myriad of issues not directly related to the court’s cases, such as who becomes a federal judge, how many judges the court should have, in which cities and in which buildings the judges hold court, what kinds of cases the judges can and cannot hear, and the geographical boundaries of the district and of divisions within the district. This volume includes helpful appendixes that list the Eastern District of Michigan Court’s Chief Judges, Clerks, Magistrates and Magistrate Judges, and United States Marshals; along with the succession of judges, and a list of District and Circuit Court Case Filings, 1837–2010. Legal professionals and scholars will appreciate this thorough history.
Download or read book Studies in Trans disciplinary Method written by Michael J. Shapiro and published by Routledge. This book was released on 2013 with total page 226 pages. Available in PDF, EPUB and Kindle. Book excerpt: This groundbreaking and innovative text demonstrates how "method" can be understood in much broader and more interesting ways.
Download or read book U S History written by P. Scott Corbett and published by . This book was released on 2024-09-10 with total page 1886 pages. Available in PDF, EPUB and Kindle. Book excerpt: U.S. History is designed to meet the scope and sequence requirements of most introductory courses. The text provides a balanced approach to U.S. history, considering the people, events, and ideas that have shaped the United States from both the top down (politics, economics, diplomacy) and bottom up (eyewitness accounts, lived experience). U.S. History covers key forces that form the American experience, with particular attention to issues of race, class, and gender.
Download or read book The Great Depression and the New Deal written by James S. Olson and published by Bloomsbury Publishing USA. This book was released on 2017-06-15 with total page 330 pages. Available in PDF, EPUB and Kindle. Book excerpt: Intended for AP-focused American history high school students, this book supplies a complete quick reference source and study aide on the Great Depression and New Deal in America, covering the key themes, events, people, legislation, economics, and policies. The Great Depression and the New Deal remain key topics in American History that come up often as testing subject material. This book—comprising an introduction, encyclopedic A–Z entries, a chronology, thematic tagging, more than a dozen primary sources, Advanced Placement (AP) exam resources, and a bibliography—provides a complete resource for studying the themes, events, people, legislation, economics, and policy of the Great Depression and New Deal in America. It is ideally suited as a study resource for high school students studying to take the AP U.S. history course as well as undergraduates taking an introductory U.S. History survey course. The Great Depression and the New Deal: Key Themes and Documents supplies an easy-to-use guide to the central concepts, themes, and events of a pivotal era in American history that presents the Great Depression and New Deal in 10 thematic categories. While the focus of this book is on the AP course content itself rather than on the exam, it also features exam preparation-specific content, such as a sample documents-based essay question, a list of "Top Tips" for answering documents-based essay questions, and period-specific learning objectives that are in alignment with the new fall 2014 AP U.S. History curriculum framework.
Download or read book The Hellhound of Wall Street written by Michael Perino and published by Penguin. This book was released on 2010-10-14 with total page 366 pages. Available in PDF, EPUB and Kindle. Book excerpt: A gripping account of the underdog Senate lawyer who unmasked the financial wrongdoing that led to the Crash of 1929 and forever changed the relationship between Washington and Wall Street. In The Hellhound of Wall Street, Michael Perino recounts in riveting detail the 1933 hearings that put Wall Street on trial for the Great Crash. Never before in American history had so many financial titans been called to account before the public, and they had come within a few weeks of emerging unscathed. By the time Ferdinand Pecora, a Sicilian immigrant and former New York prosecutor, took over as chief counsel, the investigation had dragged on ineffectively for nearly a year and was universally written off as dead. The Hellhound of Wall Street provides a minute-by-minute account of the ten dramatic days when Pecora turned the hearings around, cross- examining the officers of National City Bank (today's Citigroup), particularly its chairman, Charles Mitchell, one of the best known bankers of his day. Mitchell strode into the hearing room in obvious disdain for the proceedings, but he left utterly disgraced. Pecora's rigorous questioning revealed that City Bank was guilty of shocking financial abuses, from selling worthless bonds to manipulating its stock price. Most offensive of all was the excessive compensation and bonuses awarded to its executives for peddling shoddy securities to the American public. Pecora became an unlikely hero to a beleaguered nation. The man whom the press called "the hellhound of Wall Street" was the son of a struggling factory worker. Precocious and determined, he became one of New York's few Italian American lawyers at a time when Italians were frequently stereotyped as anarchic criminals. The image of an immigrant lawyer challenging a blue-blooded Wall Street tycoon was just one more sign that a fundamental shift was taking place in America. By creating the sensational headlines needed to galvanize public opinion for reform, the Pecora hearings spurred Congress to take unprecedented steps to rein in the freewheeling banking industry and led directly to the New Deal's landmark economic reforms. A gripping courtroom drama with remarkable contemporary relevance, The Hellhound of Wall Street brings to life a crucial turning point in American financial history.
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 Choice written by and published by . This book was released on 2009 with total page 620 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Lords of Easy Money written by Christopher Leonard and published by Simon and Schuster. This book was released on 2023-01-10 with total page 384 pages. Available in PDF, EPUB and Kindle. Book excerpt: The New York Times bestseller from business journalist Christopher Leonard infiltrates one of America’s most mysterious institutions—the Federal Reserve—to show how its policies spearheaded by Chairman Jerome Powell over the past ten years have accelerated income inequality and put our country’s economic stability at risk. If you asked most people what forces led to today’s unprecedented income inequality and financial crashes, no one would say the Federal Reserve. For most of its history, the Fed has enjoyed the fawning adoration of the press. When the economy grew, it was credited to the Fed. When the economy imploded in 2008, the Fed got credit for rescuing us. But here, for the first time, is the inside story of how the Fed has reshaped the American economy for the worse. It all started on November 3, 2010, when the Fed began a radical intervention called quantitative easing. In just a few short years, the Fed more than quadrupled the money supply with one goal: to encourage banks and other investors to extend more risky debt. Leaders at the Fed knew that they were undertaking a bold experiment that would produce few real jobs, with long-term risks that were hard to measure. But the Fed proceeded anyway…and then found itself trapped. Once it printed all that money, there was no way to withdraw it from circulation. The Fed tried several times, only to see the market start to crash, at which point the Fed turned the money spigot back on. That’s what it did when COVID hit, printing 300 years’ worth of money in a few short months. Which brings us to now: Ten years on, the gap between the rich and poor has grown dramatically, inflation is raging, and the stock market is driven by boom, busts, and bailouts. Middle-class Americans seem stuck in a stage of permanent stagnation, with wage gains wiped out by high prices even as they remain buried under credit card debt, car loan debt, and student debt. Meanwhile, the “too big to fail” banks remain bigger and more powerful than ever while the richest Americans enjoy the gains of a hyper-charged financial system. The Lords of Easy Money “skillfully” (The Wall Street Journal) tells the “fascinating” (The New York Times) tale of how quantitative easing is imperiling the American economy through the story of the one man who tried to warn us. This is the first inside story of how we really got here—and why our economy rests on such unstable ground.
Download or read book Motor City Champs written by Scott Ferkovich and published by McFarland. This book was released on 2018-01-14 with total page 247 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the early 1930s, the Motor City was sputtering from the Great Depression. Then came a talented Detroit Tigers team, steered by player-manager Mickey Cochrane, to inject new pride into the Detroit psyche. It was a cast of colorful characters, with such nicknames as Schoolboy, Goose, Hammerin' Hank and Little Tommy. Over two seasons in 1934 and 1935, the team powered its way to the top of the baseball world, becoming a symbol of a resurgent metropolis and winning the first-ever Tigers championship. This exhaustively researched account provides an in-depth look into a remarkable period in baseball history.
Download or read book The World According to Fannie Davis written by Bridgett M. Davis and published by Little, Brown. This book was released on 2019-01-29 with total page 253 pages. Available in PDF, EPUB and Kindle. Book excerpt: As seen on the Today Show: This true story of an unforgettable mother, her devoted daughter, and their life in the Detroit numbers of the 1960s and 1970s highlights "the outstanding humanity of black America" (James McBride). In 1958, the very same year that an unknown songwriter named Berry Gordy borrowed $800 to found Motown Records, a pretty young mother from Nashville, Tennessee, borrowed $100 from her brother to run a numbers racket out of her home. That woman was Fannie Davis, Bridgett M. Davis's mother. Part bookie, part banker, mother, wife, and granddaughter of slaves, Fannie ran her numbers business for thirty-four years, doing what it took to survive in a legitimate business that just happened to be illegal. She created a loving, joyful home, sent her children to the best schools, bought them the best clothes, mothered them to the highest standard, and when the tragedy of urban life struck, soldiered on with her stated belief: "Dying is easy. Living takes guts." A daughter's moving homage to an extraordinary parent, The World According to Fannie Davis is also the suspenseful, unforgettable story about the lengths to which a mother will go to "make a way out of no way" and provide a prosperous life for her family -- and how those sacrifices resonate over time.
Download or read book Phantom of Fear written by Robert Lynn Fuller and published by McFarland. This book was released on 2014-01-10 with total page 289 pages. Available in PDF, EPUB and Kindle. Book excerpt: In March 1933, in one of his first acts as president, Franklin Delano Roosevelt declared a bank holiday throughout the United States. Considered by many to be a bold step to curb the mounting bank crisis, the decree closed banks in all 48 states and overseas territories, putting money out of reach of citizens, businesses and all levels of government. This narrative history recounts and explains the economic, financial and political backgrounds of the banking panic, arguing that the holiday was not only unnecessary but actually damaging to the economy. The holiday did, however, provide Roosevelt with the momentum to push through a series of historic reforms that remade the federal government. This revisionist work not only reveals the circumstances around the panic but debunks numerous myths that have clung to it ever since.
Download or read book Pictures of a Gone City written by Richard A. Walker and published by PM Press. This book was released on 2018-06-01 with total page 661 pages. Available in PDF, EPUB and Kindle. Book excerpt: The San Francisco Bay Area is currently the jewel in the crown of capitalism—the tech capital of the world and a gusher of wealth from the Silicon Gold Rush. It has been generating jobs, spawning new innovation, and spreading ideas that are changing lives everywhere. It boasts of being the Left Coast, the Greenest City, and the best place for workers in the USA. So what could be wrong? It may seem that the Bay Area has the best of it in Trump’s America, but there is a dark side of success: overheated bubbles and spectacular crashes; exploding inequality and millions of underpaid workers; a boiling housing crisis, mass displacement, and severe environmental damage; a delusional tech elite and complicity with the worst in American politics. This sweeping account of the Bay Area in the age of the tech boom covers many bases. It begins with the phenomenal concentration of IT in Greater Silicon Valley, the fabulous economic growth of the bay region and the unbelievable wealth piling up for the 1% and high incomes of Upper Classes—in contrast to the fate of the working class and people of color earning poverty wages and struggling to keep their heads above water. The middle chapters survey the urban scene, including the greatest housing bubble in the United States, a metropolis exploding in every direction, and a geography turned inside out. Lastly, it hits the environmental impact of the boom, the fantastical ideology of TechWorld, and the political implications of the tech-led transformation of the bay region.
Download or read book America S Shrinking Middle Class written by Vahab Aghai Ph.D. and published by AuthorHouse. This book was released on 2014-08-29 with total page 335 pages. Available in PDF, EPUB and Kindle. Book excerpt: What does a middle class nation do without a middle class? An abundance of evidence suggests that we here in the United States are about to find out. Americas Shrinking Middle Class documents trends that have been building not just since the Great Recession, but for over four decades. In 1970, the share of U.S. income that went to the middle class was 62 percent. By 2010 that figure had fallen to 45 percent. In that same year, the median income for middle class Americans had gone from $72,956 to $69,487 a decline of nearly 5 percent in just one year. A shrinking middle class would mean a shrinking economy and an America dominated by a growing lower class. Life would be less comfortable, less prosperous, and less secure. With less money coming in to government and businesses alike, tax burdens would become onerous. One example: Obamacare. It could cost the average taxpayer nearly $6,000 in extra taxes and create a total of 20 new taxes or tax hikes. For a weakened and shrinking middle class, it could be a fatal blow.
Download or read book Global Cities written by Anthony D King and published by Routledge. This book was released on 2015-03-27 with total page 203 pages. Available in PDF, EPUB and Kindle. Book excerpt: Since the late 1970s the role of key world cities such as Los Angeles, New York and London as centres of global control and co-ordination has come under increasing scrutiny. This book provides an overview and critique of work on the global context of metropolitan growth, world city formation and the theory it has generated. Suggesting ‘post-imperialism’ as the most appropriate framework for analysis, the author demonstrates the extent to which urban and regional development, both in Britain and elsewhere, were linked to a colonial mode of production, and highlights the effects of its disappearance. Against this background, the author charts the transformation of London from imperial capital in the nineteenth and early twentieth centuries to world city in the capitalist world economy of today.
