Raymond B. Vickers Knihy

The book uncovers extensive fraud and insider misconduct by bankers, alongside corrupt political collusion, that led to the Chicago banking crisis of 1932. It offers a new perspective on how these actions transformed the financial turmoil of the early 1930s into the prolonged Great Depression. Additionally, it advocates for greater transparency in the banking regulatory system to avert future crises like Enron and the 2008 financial meltdown.

Exploring the dark underbelly of banking in Florida and Georgia from 1926 to 1929, the narrative reveals a web of mismanagement, fraud, and corruption. The author, an attorney and economic historian, plays a crucial role in exposing the crimes of bankers who misappropriated depositors' funds and bribed officials. His legal battles against the state's secrecy laws and skillful use of publicity highlight the struggle for transparency. This compelling account not only sheds light on a significant historical scandal but also enriches the understanding of Florida's past.