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Weill, Sanford I.

(Encyclopedia) Weill, Sanford I.Weill, Sanford I.wīl [key], 1933–, American business executive, b. Brooklyn, N.Y. A graduate of Cornell (1955), Sandy Weill went to work for a New York brokerage house…

Bernanke, Ben Shalom

(Encyclopedia) Bernanke, Ben ShalomBernanke, Ben Shalombĕrnăngkˈē [key], 1953–, U.S. economist and government official, b. Augusta, Ga.; grad. Harvard (B.A., 1975), Massachusetts Institute of…

Barron, Clarence Walker

(Encyclopedia) Barron, Clarence WalkerBarron, Clarence Walkerbârˈən [key], 1855–1928, American financial editor, b. Boston. He worked on the Boston Daily News, then on the Evening Transcript, and in…

Black Friday

(Encyclopedia) Black Friday, Sept. 24, 1869, in U.S. history, day of financial panic. In 1869 a small group of American financial speculators, including Jay Gould and James Fisk, sought the support…

Carey, Hugh Leo

(Encyclopedia) Carey, Hugh Leo, 1919–2011, American politician, b. Brooklyn, N.Y., grad. St. John's Univ. (1942), St. John's Univ. School of Law (1951). A liberal Democrat, Carey was elected to…

Bank for International Settlements

(Encyclopedia) Bank for International Settlements (BIS), international financial institution est. (1930) in Basel, Switzerland, by bankers and diplomats from Europe, the United States, and Japan. It…

panic

(Encyclopedia) panic, crisis in financial and economic conditions, marked by public loss of confidence in the financial structure. Panics are characterized by a general rush of investors to convert…

Kellogg, Edward

(Encyclopedia) Kellogg, Edward, 1790–1858, American economist, b. Norwalk, Conn. He advocated a financial scheme to abolish interest, which was often usurious at the time he wrote. Kellogg devised a…