Skip to main content

Richard Whitney

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.

And how history shows it’s actually good for us

THERE’S AN OLD JOKE ABOUT A COMPANY’S NEEDING TO hire a new accounting firm. The chief executive invites the heads of eight firms to come in for interviews and he hires one right away. A friend asks him how he did it. “Simple,” the chief executive replies.

We hope you enjoy our work.

Please support this magazine of trusted historical writing, now in its 75th year, and the volunteers that sustain it with a donation to American Heritage.

Donate