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John Berry McFerrin Caldwell and Company (Hardback) (UK IMPORT)

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Item specifics

Condition
Brand New: A new, unread, unused book in perfect condition with no missing or damaged pages. See the ...
Book Title
Caldwell and Company : a Southern Financial Empire
Publication Name
Caldwell and Company
Title
Caldwell and Company
Subtitle
A Southern Financial Empire
Author
John Berry Mcferrin
Format
Hardcover
EAN
9780826511485
ISBN
9780826511485
Publisher
Vanderbilt University Press
Genre
Business & Economics, History
Release Date
30/12/2021
Release Year
2021
Language
English
Country/Region of Manufacture
US
Item Height
1in
Item Length
9.3in
Item Width
6.3in
Item Weight
12.3 Oz
Series
Vintage Vanderbilt
Publication Year
2021
Features
Reprint
Topic
Banks & Banking, United States / State & Local / South (Al, Ar, Fl, Ga, Ky, La, ms, Nc, SC, Tn, VA, WV)
Number of Pages
312 Pages

About this product

Product Information

This is the fascinating, detailed account of the rise and fall of the largest banking house ever before established in the South, whose financial misfeasance during the prosperous twenties led to its eventual collapse and brought ruin to numerous innocent investors. Caldwell and Company was founded in Nashville in 1917 by Rogers Caldwell, the son of a leading local banker and businessman. Beginning as a small underwriter and distributor of Southern municipal bonds, the firm soon branched out into real estate bonds and industrial securities as well. Control of important banks in Tennessee and Arkansas was acquired; newspapers, and even Nashville's professional baseball team, came under the firm's ownership. Caldwell and Company was, truly, a pioneer conglomerate. Caldwell and Company also ventured into the realm of politics, supporting certain politicians (notably Colonel Luke Lea) with questionable benefits accruing to the firm, including substantial state deposits in Caldwells Bank of Tennessee. In November 1930 the firm went into receivership. Unethical practices, including overextension in the acquisition of banks, insurance companies, and other business, had already strain Caldwell and Company's assets. With the 1929 collapse of stock prices. Rogers Caldwell could not meet the company's obligations, and he began to squeeze all available cash from the various controlled firms. He also negotiated a merger between Caldwell and Company and Banco-Kentucky Company of Louisville--a transaction which must stand as one of the strangest deals in the annals of American business. Even the aforementioned State of Tennessee deposits, which helped float his empire for a while, could not prevent its collapse--a collapse which resulted in a multi-million dollar loss to Tennessee's Treasury, public hysteria, and clamor for the impeachment of the Governor of Tennessee. Originally Published in 1939, this edition includes a new introduction in which the author comments on the long-run implications of the Caldwell episode and reports the outcome of legal actions, both civil and criminal, still pending at the time the book was first published.

Product Identifiers

Publisher
Vanderbilt University Press
ISBN-10
0826511481
ISBN-13
9780826511485
eBay Product ID (ePID)
500242

Product Key Features

Book Title
Caldwell and Company : a Southern Financial Empire
Author
John Berry Mcferrin
Format
Hardcover
Language
English
Features
Reprint
Topic
Banks & Banking, United States / State & Local / South (Al, Ar, Fl, Ga, Ky, La, ms, Nc, SC, Tn, VA, WV)
Publication Year
2021
Genre
Business & Economics, History
Number of Pages
312 Pages

Dimensions

Item Length
9.3in
Item Height
1in
Item Width
6.3in
Item Weight
12.3 Oz

Additional Product Features

Lc Classification Number
Hg2463.C25 M3 1969
Edition Description
Reprint
Copyright Date
1969
Lccn
75-100905
Dewey Decimal
332.065
Intended Audience
Trade
Series
Vintage Vanderbilt Ser.
Dewey Edition
23

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Product is 95% alike picture but a little more blurry. Controller play well but had a notice from psn that my joypad wasn't authentic and could by problematic🤷‍♂️ no trouble so far! Shipping was fast but no tracking and worst packaging ever.. like the box came banged up... send a question to seller never had a reply 😅.... Good product overall, excellent price, fast shipping, wrapped only on 4 sides out of 6, no tracking and never reply... 4★ product / 2★ seller ✌️
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