EricCarver t1_iw9rpjf wrote on November 14, 2022 at 12:54 AM Reply to comment by dressageishard in TIL JP Morgan bailed out banks in 1907 but a severe recession occured anyway. Nelson Aldrich, a powerful senator with close ties to Morgan, led a mission to Europe in 1908 to study the workings of the central banks in England, France and Germany. The Federal Reserve was created a short time later by mankls3 Then you worked for a bank that did business with a predatory banker. We’re you a banker at a credit union? If so, which major bank was the bank they did transactions through? Permalink Parent 1
EricCarver t1_iw9rpjf wrote
Reply to comment by dressageishard in TIL JP Morgan bailed out banks in 1907 but a severe recession occured anyway. Nelson Aldrich, a powerful senator with close ties to Morgan, led a mission to Europe in 1908 to study the workings of the central banks in England, France and Germany. The Federal Reserve was created a short time later by mankls3
Then you worked for a bank that did business with a predatory banker. We’re you a banker at a credit union? If so, which major bank was the bank they did transactions through?