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

Conflicted: A History Podcast

CHAPTER

A Brief History of Charley Mitchell

In less than a decade, sunshine charley mitchell had changed the landscape of american banking. As historian mory kline observes, it was vulgar beyond words, but to its practitioners, profitable beyond belief. Mitchell was not the only banker who helped sustain an unsustainable bubble, but he was the most famous. But just as every chess piece has its counterpart, every cobra has its mongoose, every yin has its yang sunshine. For all his bullish optimism, one very well informed bear was sitting on the side lines a pessimist, diligently preparing for a rapidly approaching winter.

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