So the president who hated big banks and paper money will finally be removed from the very things he detested

by Bob Schoone-Jongen. Heroes exist in the eyes (and prejudices) of their worshiper. The big heroes—the national ones—earn places on statues, plaques, buildings, and monuments. And a very select few are chosen to appear on the money. Since 1928 Andrew Jackson’s visage, with the swirling hairdo, has graced the $20 bill. When he first appeared …

Continue reading So the president who hated big banks and paper money will finally be removed from the very things he detested

William Duer: America’s First Wall Street Villain

by Bob Schoone-Jongen. It’s no secret that the United States has had its fair share of financial scandals. Ferdinand Ward fleeced Ulysses Grant in 1881. Samuel Insull bilked thousands of people out of millions of dollars invested in his utility schemes in the 1930s. More recently we’ve seen Bernie Ebbers, Ken Lay, Bernie Madoff, all …

Continue reading William Duer: America’s First Wall Street Villain