By Raymond B. Vickers
Panic in Paradise is a accomplished learn of financial institution mortgage disasters in the course of the Florida land increase of the mid-1920s, in the course of the years previous the inventory industry crash of 1929. Florida and Georgia skilled a banking panic in 1926 while, in a ten-day interval in July, after uncontrollable depositor runs, 117 banks closed within the states. Uninsured depositors misplaced hundreds of thousands, and several other suicides the monetary havoc. This quantity uses banking documents that have been legally sealed for nearly 70 years and gives a stunning tale corruption and conspiracy.
"An striking and strange ebook that makes a massive contribution to our knowing of banking heritage and the final fiscal heritage oof the Nineteen Twenties. The banking cave in within the Southeast is almost unknown, even to experts in banking and fiscal heritage. nobody who's drawn to the banking background of the USA will wish to overlook this book." -- Eugene N. White, Rutgers University
"An exhaustively researched pioneering learn; impressive investigative reporting." -- Jack Blicksilver, Georgia nation University
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