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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.
Roosevelt then selected Ferdinand Pecora to investigate Morgan and the country's other major banks. [9] Both Pecora and the Federal Trade Commission investigations [10] exposed the fact that the electric industry was the most capital intensive industry. The May 24th, 1933 Pecora hearings rocked the country, focusing on J.P. Morgan and his ...
A New York man was indicted Tuesday for allegedly hiring someone to kill his estranged husband, a wealthy art dealer, who was found brutally stabbed in Brazil last year.
On Tuesday, Pennsylvania State Police declined to answer questions about why Zajko was not arrested in 2023, citing"investigative aspects to this case that cannot be divulged at this time."
Four Democratic senators have asked the U.S. Justice Department's Inspector General to investigate the resignation of a senior federal prosecutor in Washington who was being pressured to launch a ...
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.
Danielle R. Sassoon, the top federal prosecutor in Manhattan, has resigned days after being ordered by the Justice Department to drop corruption charges against mayor Eric Adams.