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From Wall Street to Main Street: how Avenue One connects local pros with institutional capital
jbrec.comIn the 1880s, however, Wall Street began to build a market in “industrial” securities, essentially shares in businesses other than railroads and banking. While public markets offered greater financing flexibility for big companies, they multiplied record keeping and correspondence requirements. Ironically, it was that most inward-focused of
... See moreCharles R. Morris • The Tycoons: How Andrew Carnegie, John D. Rockefeller, Jay Gould, and J. P. Morgan Invented the American Supereconomy
