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Ferdinand Pecora
Ferdinand Pecora (January 6, 1882 – December 7, 1971) was an American lawyer and New York State Supreme Court judge who became famous in the 1930s as Chief Counsel to the United States Senate Committee on Banking and Currency during its investigation of Wall Street banking and stock brokerage practices. Early life Ferdinand Pecora was born in Nicosia, Sicily, the son of Louis Pecora and Rosa Messina, who emigrated to the United States in 1886. He grew up in Chelsea, Manhattan. After briefly studying for the Episcopal ministry, Pecora attended St. Stephen's College (now Bard College) and the City University of New York before he was forced to leave school when his father was injured in an industrial accident. Career After securing a job as a clerk in a Wall Street law firm, Pecora eventually attended New York Law School and became a member of the New York bar in 1911. New York City public prosecution Originally a Progressive Republican, he became a member of the Democratic P ...
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Nicosia, Sicily
Nicosia (; Gallo-Italic of Sicily: ; scn, Nicusìa) is a Town and ''comune'' of the province of Enna in Sicily, southern Italy. It is located at 720 m above the sea level, on a rocky massive culminating in four imposing hills. The origin of Nicosia is uncertain. Nicosia and Troina are the northernmost towns in the province of Enna . The vicinity was traditionally made up of salt mines and arable lands. History Engio, Erbita and Imachara are the three cities of antiquity with which historians have attempted to identify Nicosia with, but there is no evidence that the mentioned towns are in fact Nicosia. The present name of the town suggests Greek Origins: it is believed to get its name from Saint Nicholas (), who together with San Felix are the Patrons of the Town, . Another theory suggests it is a derivative of the Greek saying "City of Victory" (, ). The town is believed to stand on the site of the ancient ''Engynum''. The modern town was founded by Byzantine colonists in ...
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District Attorney
In the United States, a district attorney (DA), county attorney, state's attorney, prosecuting attorney, commonwealth's attorney, or state attorney is the chief prosecutor and/or chief law enforcement officer representing a U.S. state in a local government area, typically a county or a group of counties. The exact name and scope of the office varies by state. Alternative titles for the office include county attorney, solicitor, or county prosecutor. The prosecution is the legal party responsible for presenting the case against an individual suspected of breaking the law, initiating and directing further criminal investigations, guiding and recommending the sentencing of offenders, and are the only attorneys allowed to participate in grand jury proceedings. The prosecutors decide what criminal charges to bring, and when and where a person will answer to those charges. In carrying out their duties, prosecutors have the authority to investigate persons, grant immunity to witnes ...
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New York Stock Exchange
The New York Stock Exchange (NYSE, nicknamed "The Big Board") is an American stock exchange in the Financial District of Lower Manhattan in New York City. It is by far the world's largest stock exchange by market capitalization of its listed companies at US$30.1 trillion as of February 2018. The average daily trading value was approximately 169 billion in 2013. The NYSE trading floor is at the New York Stock Exchange Building on 11 Wall Street and 18 Broad Street and is a National Historic Landmark. An additional trading room, at 30 Broad Street, was closed in February 2007. The NYSE is owned by Intercontinental Exchange, an American holding company that it also lists (). Previously, it was part of NYSE Euronext (NYX), which was formed by the NYSE's 2007 merger with Euronext. History The earliest recorded organization of securities trading in New York among brokers directly dealing with each other can be traced to the Buttonwood Agreement. Previously, securiti ...
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Richard Whitney (financier)
Richard Whitney (August 1, 1888 – December 5, 1974) was an American financier, president of the New York Stock Exchange from 1930 to 1935. He was later convicted of embezzlement and imprisoned. Early life Whitney was born on August 1, 1888, in Boston, Massachusetts. He was a son of Elizabeth Whitney, who was a daughter of William M. Whitney, and George Whitney Sr. His father, a descendant of John Whitney, was president of North National Union Bank. Richard and his older brother George Whitney Jr. (who later married Martha Beatrix Bacon, daughter of U.S. Secretary of State and Ambassador to France Robert Bacon) were educated at Groton School (where he was captain of the baseball team and school prefect) and Harvard University (where he was tapped for membership in the Porcellian Club). Career On October 24, 1929, Black Thursday, he attempted to avert the Wall Street Crash of 1929. Alarmed by rapidly falling stock prices, several leading Wall Street bankers met to find a solut ...
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Wall Street
Wall Street is an eight-block-long street in the Financial District of Lower Manhattan in New York City. It runs between Broadway in the west to South Street and the East River in the east. The term "Wall Street" has become a metonym for the financial markets of the United States as a whole, the American financial services industry, New York–based financial interests, or the Financial District itself. Anchored by Wall Street, New York has been described as the world's principal financial center. Wall Street was originally known in Dutch as "de Waalstraat" when it was part of New Amsterdam in the 17th century, though the origins of the name vary. An actual wall existed on the street from 1685 to 1699. During the 17th century, Wall Street was a slave trading marketplace and a securities trading site, and from the early eighteenth century (1703) the location of Federal Hall, New York's first city hall. In the early 19th century, both residences and businesses occupied the a ...
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Max Lowenthal
Max Lowenthal (1888–1971) was a Washington, DC, political figure in all three branches of the federal government in the 1930s and 1940s, during which time he was closely associated with the rising career of Harry S. Truman; he served under Oscar R. Ewing on an "unofficial policy group" within the Truman administration (1947–1952). Background Mordechai Lowenthal was born on February 26, 1888, in Minneapolis, Minnesota. In the 1870s, his parents Nathan (Naphtali) Lowenthal and Gertrude (Nahamah) Gitel, Orthodox Jewish, emigrated from Kovno (now Kaunas), Lithuania, to Minnesota. At a young age, he started using the more "American" name of Max. He had two older siblings, of whom only one survived childhood. He graduated from North High School in 1905, first in his class. He also attended Talmud Torah, where he learned Hebrew. He received a BA in 1909 from the University of Minnesota and graduated in 1912 from Harvard Law School, where he began a lifelong friendsh ...
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John T
John is a common English name and surname: * John (given name) * John (surname) John may also refer to: New Testament Works * Gospel of John, a title often shortened to John * First Epistle of John, often shortened to 1 John * Second Epistle of John, often shortened to 2 John * Third Epistle of John, often shortened to 3 John People * John the Baptist (died c. AD 30), regarded as a prophet and the forerunner of Jesus Christ * John the Apostle (lived c. AD 30), one of the twelve apostles of Jesus * John the Evangelist, assigned author of the Fourth Gospel, once identified with the Apostle * John of Patmos, also known as John the Divine or John the Revelator, the author of the Book of Revelation, once identified with the Apostle * John the Presbyter, a figure either identified with or distinguished from the Apostle, the Evangelist and John of Patmos Other people with the given name Religious figures * John, father of Andrew the Apostle and Saint Peter * Pope Joh ...
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Wall Street Crash Of 1929
The Wall Street Crash of 1929, also known as the Great Crash, was a major American stock market crash that occurred in the autumn of 1929. It started in September and ended late in October, when share prices on the New York Stock Exchange collapsed. It was the most devastating stock market crash in the history of the United States, when taking into consideration the full extent and duration of its aftereffects. The Great Crash is mostly associated with October 24, 1929, called ''Black Thursday'', the day of the largest sell-off of shares in U.S. history, and October 29, 1929, called ''Black Tuesday'', when investors traded some 16 million shares on the New York Stock Exchange in a single day. The crash, which followed the London Stock Exchange's crash of September, signaled the beginning of the Great Depression. Background The "Roaring Twenties", the decade following World War I that led to the crash, was a time of wealth and excess. Building on post-war optimism, rural Amer ...
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Democratic Party (United States)
The Democratic Party is one of the two major contemporary political parties in the United States. Founded in 1828, it was predominantly built by Martin Van Buren, who assembled a wide cadre of politicians in every state behind war hero Andrew Jackson, making it the world's oldest active political party.M. Philip Lucas, "Martin Van Buren as Party Leader and at Andrew Jackson's Right Hand." in ''A Companion to the Antebellum Presidents 1837–1861'' (2014): 107–129."The Democratic Party, founded in 1828, is the world's oldest political party" states Its main political rival has been the Republican Party since the 1850s. The party is a big tent, and though it is often described as liberal, it is less ideologically uniform than the Republican Party (with major individuals within it frequently holding widely different political views) due to the broader list of unique voting blocs that compose it. The historical predecessor of the Democratic Party is considered to be th ...
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President Of The United States
The president of the United States (POTUS) is the head of state and head of government of the United States of America. The president directs the executive branch of the federal government and is the commander-in-chief of the United States Armed Forces. The power of the presidency has grown substantially since the first president, George Washington, took office in 1789. While presidential power has ebbed and flowed over time, the presidency has played an increasingly strong role in American political life since the beginning of the 20th century, with a notable expansion during the presidency of Franklin D. Roosevelt. In contemporary times, the president is also looked upon as one of the world's most powerful political figures as the leader of the only remaining global superpower. As the leader of the nation with the largest economy by nominal GDP, the president possesses significant domestic and international hard and soft power. Article II of the Constitution establ ...
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Duncan U
Duncan may refer to: People * Duncan (given name), various people * Duncan (surname), various people * Clan Duncan * Justice Duncan (other) Places * Duncan Creek (other) * Duncan River (other) * Duncan Lake (other), including Lake Duncan Australia *Duncan, South Australia, a locality in the Kangaroo Island Council *Hundred of Duncan, a cadastral unit on Kangaroo Island in South Australia Bahamas *Duncan Town, Ragged Island, Bahamas ** Duncan Town Airport Canada * Duncan, British Columbia, on Vancouver Island * Duncan Dam, British Columbia * Duncan City, Central Kootenay, British Columbia; see List of ghost towns in British Columbia United States * Duncan Township (other) * Duncan, Arizona * Duncan, Indiana * Duncan, Iowa * Duncan, Kentucky (other) * Duncan City, Cheboygan, Michigan * Duncan, Mississippi * Duncan, Missouri * Duncan, Nebraska * Duncan, North Carolina * Duncan, Oklahoma * Duncan, South Carolina * F ...
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Peter Norbeck
Peter Norbeck (August 27, 1870December 20, 1936) was an American politician from South Dakota. After serving two terms as the ninth Governor of South Dakota, Norbeck was elected to three consecutive terms as a United States Senator. Norbeck was the first native-born Governor of South Dakota to serve in office, and the first native-born U.S. Senator from South Dakota. (Norbeck was born in the portion of the Dakota Territory that would later become the state of South Dakota). He is best remembered as "Mount Rushmore's great political patron", for promoting the construction of the giant sculpture at Mount Rushmore and securing federal funding for it. Early life and education Norbeck was the oldest of six children born to immigrants George (born in Jämtland, Sweden) and Karen (Larsen) Norbeck, who was Norwegian. At the time of Norbeck's birth, his family was living in a dugout on the family's , located northeast of Vermillion, Dakota Territory. He attended the public schools and ...
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