TY - BOOK ID - 52577242 TI - When Wall Street Met Main Street PY - 2011 SN - 0674050657 0674061217 9780674061217 9780674050655 PB - Cambridge, MA DB - UniCat KW - Securities industry KW - Securities KW - Blue sky laws KW - Capitalization (Finance) KW - Investment securities KW - Portfolio KW - Scrip KW - Securities law KW - Underwriting KW - Investments KW - Investment banking KW - Financial services industry KW - History KW - Law and legislation KW - New York Stock Exchange KW - NYSE KW - Bourse de New York KW - New York (N.Y.). KW - Nyū Yōku Kabushiki Torihikijo KW - New York (City). KW - New York Stock and Exchange Board KW - N.Y.S.E. KW - N.Y. Stock Exchange KW - Nʹi︠u︡-Iorkskai︠a︡ fondovai︠a︡ birzha KW - Нью-Иоркская фондовая биржа KW - NYSE Amex KW - History. KW - Wall Street (New York, N.Y.) KW - Financial District (New York, N.Y.) KW - E-books KW - 331.162.1 KW - 333.613 KW - 339.112.2 KW - US / United States of America - USA - Verenigde Staten - Etats Unis KW - Geschiedenis van de financiële markten KW - Activiteiten van de nationale en internationale markten. Beursnoteringen van aandelen en obligaties KW - Eigendom van roerende goederen UR - https://www.unicat.be/uniCat?func=search&query=sysid:52577242 AB - The financial crisis that began in 2008 has made Americans keenly aware of the enormous impact Wall Street has on the economic well-being of the nation and its citizenry. How did financial markets and institutions-commonly perceived as marginal and elitist at the beginning of the twentieth century-come to be seen as the bedrock of American capitalism? How did stock investment-once considered disreputable and dangerous-first become a mass practice?Julia Ott tells the story of how, between the rise of giant industrial corporations and the Crash of 1929, the federal government, corporations, and financial institutions campaigned to universalize investment, with the goal of providing individual investors with a stake in the economy and the nation. As these distributors of stocks and bonds established a broad, national market for financial securities, they debated the distribution of economic power, the proper role of government, and the meaning of citizenship under modern capitalism.By 1929, the incidence of stock ownership had risen to engulf one quarter of American households in the looming financial disaster. Accordingly, the federal government assumed responsibility for protecting citizen-investors by regulating the financial securities markets. By recovering the forgotten history of this initial phase of mass investment and the issues surrounding it, Ott enriches and enlightens contemporary debates over economic reform. ER -