What took place over the next three decades was nothing less than the democratization of American finance.
Haircuts have been used for almost 200 years in American commercial finance.
The word "sucker" is borrowed from American finance.
It contains several themes of crucial importance to understanding American finance today.
American finance is a late 20th century business governed by early 20th century rules.
The fact that state and local governments take the lead on school spending dilutes but doesn't alter the deep gray shade of American public finance.
Now little more than a shell, it is a ruined monument in the history of American finance.
"Forty years of American finance: a short financial history of the government."
In the new church of American finance, the first article of faith is progress.
Grand jury testimony might give leads that could help us to understand just who is running American finance.