Foreword ixAcknowledgments xiiiPrologue xvIntroduction 1Chapter 1 A Buoyant Decade, a Fragile System, and Some Leaders at Its Apex 15Chapter 2 A Shock to the System 31Chapter 3 The "Silent" Crash 39Chapter 4 Credit Crunch 53Chapter 5 Copper King 65Chapter 6 The Corner and the Squeeze 73Chapter 7 Falling Dominoes 83Chapter 8 Clearing House 91Chapter 9 Knickerbocker 103Chapter 10 A Vote of No Confidence 115Chapter 11 A Classic Run 127Chapter 12 Such Assistance as May Be Necessary 135Chapter 13 Trust Company of America 145Chapter 14 Crisis on the Exchange 155Chapter 15 A City in Trouble 169Chapter 16 Modern Medici 185Chapter 17 Instant and Far- Reaching Relief 195Chapter 18 Turning the Corner 209Chapter 19 Ripple Effects 215Chapter 20 Reckoning and a Split 229Chapter 21 Money Trust 241Chapter 22 A Central Bank 257Chapter 23 The Changing Order 273Chapter 24 Reflections and Lessons 297Technical Appendix: Analysis of Trust Company Diversity and Deposit Runs 313Notes 329Bibliography 375About the Authors 399Index 401
ROBERT F. BRUNER, DBA, is University Professor, Distinguished Professor, and Dean Emeritus at the University of Virginia's Darden Graduate School of Business Administration. His research is focused on corporate finance, mergers and acquisitions, emerging market investment, financial crises, leadership, and general management.SEAN D. CARR, PHD, is the Executive Director and CEO of the Global Innovation Exchange at the University of Washington. He is an affiliate Associate Professor at the University of Washington's Foster School of Business. His research is focused on new ventures, entrepreneurial finance, technology strategy, and innovation leadership.