William Duer

Speculators caused a stock market crash in 1792, forcing the federal government to bail out New York bankers— and the nation

Wall Street’s first bubble swelled burst in the spring of 1792, exerting a profound effect on American politics and society. Nine years after the Treaty of Paris and the acknowledgement of the former colonies— independence, both Europe and America lay in turmoil. Read more >>

The country’s financial hub has a long history of lying, cheating, and stealing

No one likes recessions, but no one dislikes them more than the crooks who are an inevitable part of any financial market. Read more >>