Roaring 20s Research Article from History Firsthand

This Study Guide consists of approximately 199 pages of chapter summaries, quotes, character analysis, themes, and more - everything you need to sharpen your knowledge of Roaring 20s.

Roaring 20s Research Article from History Firsthand

This Study Guide consists of approximately 199 pages of chapter summaries, quotes, character analysis, themes, and more - everything you need to sharpen your knowledge of Roaring 20s.
This section contains 3,387 words
(approx. 12 pages at 300 words per page)
Buy the Roaring 20s Encyclopedia Article

Fred C. Kelly

In the 1920s, millions of average Americans hoped to get rich buying and selling stocks on Wall Street. But some people, such as author and columnist Fred C. Kelly, saw that rich and powerful bankers stacked the odds against middleclass investors. For typical working-class citizens, investing in the market was little different than gambling in a casino where the house always wins. Unfortunately, Kelly's sage observations could do little to counter popular get-rich mob psychology that outweighed common business sense.

Wall Street is a symbol for activities of powerful banking interests and of speculation in stocks and bonds. Yet the New York Stock Exchange is not even on Wall Street, but around the corner on Broad Street. Great banks are here, however, J.P. Morgan & Company, the National City Bank, the Bankers' Trust Company—powerful financial groups that...

(read more)

This section contains 3,387 words
(approx. 12 pages at 300 words per page)
Buy the Roaring 20s Encyclopedia Article
Copyrights
Greenhaven
Roaring 20s from Greenhaven. ©2001-2006 by Greenhaven Press, Inc., an imprint of The Gale Group. All rights reserved.