EYEWITNESS TO WALLSTREET ebook download David Colbert

EYEWITNESS TO WALLSTREET

Drawing on diaries, private letters, memoirs, and reportage, Colbert offers first-hand views in Eyewitness to Wall Street. From the first IPO through today's mass obsession with the Dow and Nasdaq, the book brims with accounts from people who saw it happen.

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Title of ebook: EYEWITNESS TO WALLSTREET
ISBN: 9780767909556
parent-ISBN: 9780767906609
Publisher: Broadway Books
Published: 10-2001
Released online for download: 10-15-2001
Author of eBook: Colbert, David

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Chapter One

Financing the New World

"The prodigious increase of the Netherlanders in their domestic and foreign trade, riches, and multitude of shipping is the envy of the present, and may be the wonder of all future generations."

Josiah Child, 1688

Timeline

1519 — Spain conquers Mexico, rich in gold and silver—Spanish reals will be most trusted currency in early U.S.

1519 — Bohemia mints thaler (origin of "dollar")

1531 — First European stock exchange opens in Belgium

1602 — Hot IPO is Dutch East India Co., first modern public company.

Double-digit yields until dissolution in 1799

1606 — Virginia Company of London granted charter

1611 — Dutch develop stock exchanges

1625 — New Amsterdam settled

1637 — Height of Tulipmania in Holland; single flower bulbs trade for large fortunes

1653 — 12-foot-high wall built across lower Manhattan

1666 — Trader corners wampum by burying it, price quadruples

1675 — Fishing ... read full excerpt from: EYEWITNESS TO WALLSTREET ebook

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