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The Pecora Investigation was an inquiry begun on March 4, 1932, by the United States Senate Committee on Banking and Currency to investigate the causes of the Wall Street Crash of 1929. The name refers to the fourth and final chief counsel for the investigation, Ferdinand Pecora. His exposure of abusive practices in the financial industry ...
Ferdinand Pecora was born in Nicosia, Sicily, the son of Louis Pecora and Rosa Messina, who emigrated to the United States in 1886. He grew up in Chelsea, Manhattan.After briefly studying for the Episcopal ministry, Pecora attended St. Stephen's College (now Bard College) and the City University of New York before he was forced to leave school when his father was injured in an industrial accident.
Some accounts even suggest those Glass–Steagall provisions were created in response to the Pecora Investigation. [102] National City Bank (predecessor to Citibank) was the only commercial bank examined by Ferdinand Pecora before the 1933 Banking Act became law in June 1933. [103]
Sen. Carter Glass (D–Va.) and Rep. Henry B. Steagall (D–Ala.-3), the co-sponsors of the Glass–Steagall Act. The sponsors of both the Banking Act of 1933 and the Glass–Steagall Act of 1932 were southern Democrats: Senator Carter Glass of Virginia (who by 1932 had served in the House and the Senate, and as the Secretary of the Treasury); and Representative Henry B. Steagall of Alabama ...
Jessica Lunsford's 2005 slaying is the focus of the season premiere of 'People Magazine Investigates' on Monday, Oct. 28, at 9/8c on Investigation Discovery/ID and streaming on Max
Luigi Mangione Documentary Frenzy Continues with Hour-Long Investigation Discovery Special Produced by Dan Abrams (EXCLUSIVE) Michael Schneider December 16, 2024 at 5:00 PM
Members of the Pujo Committee. The Pujo Committee was a United States congressional subcommittee in 1912–1913 that was formed to investigate the so-called "money trust", a community of Wall Street bankers and financiers that exerted powerful control over the nation's finances.
AP . Under this fallen tree the decomposed body of a young girl was found, near Woodbine, Ill., April 26, 1958. The body is thought to be that of Maria Ridulph, 7, who disappeared Dec. 3, 1957 ...