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The Stock Market Crash of 1929 – Part 2: Age of Illusion

Conflicted: A History Podcast

CHAPTER

Sunshine Charley Mitchell's National City Bank

Before the 19 twenties, national city bank was just another boring commercial bank. Sunshine charle mitchell changed all of that with a vision and an idea. What if you could get people to invest their savings in bonds and stocks? That would give them real money while private investment banks skimmed it away for profit. The story has been told on wall street for about a hundred years. Is it true? And was mitchell so heartless and vain that he terminated the kid on the spot?

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