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Intensified Regulatory Scrutiny And Bank Distress In New York City During The Great Depression,” With Patrick Van Horn, Gary Richardson May 2009

Intensified Regulatory Scrutiny And Bank Distress In New York City During The Great Depression,” With Patrick Van Horn, Gary Richardson

Gary Richardson

Bank distress peaked in New York City, at the center of the United States money market, in July and August 1931, when the banking crisis peaked in Germany and before Britain abandoned the gold standard. This article tests competing theories about the causes of New York’s banking crisis. The cause appears to have been intensified regulatory scrutiny, which was a delayed reaction to the failure of the Bank of United States, rather than the exposure of money center banks to events overseas.


Through Adversity, It Became Strong: The Establishment Of The Oss, The Opposition It Faced, And Its Overall Success, Olivia Blessing Dec 2008

Through Adversity, It Became Strong: The Establishment Of The Oss, The Opposition It Faced, And Its Overall Success, Olivia Blessing

Olivia L Blessing

Fulfillment of the United States’ need for intelligence research and analysis during World War II came through William Donovan’s leadership of the Coordinator of Information (COI) and its offspring, the Office of Strategic Services (OSS), despite the early problems both agencies faced. Donovan and the OSS would later play a major part in the Allies’ victory over Axis forces. By overcoming the bureaucratic and procedural issues at home and abroad, The Office of Strategic Services firmly established itself as a necessary force in the world of information during the war against the Axis.