Books
March, 2001
Money talks. That's the lesson of David Colbert's Eyewitness to Wall Street (Broadway Books), a brisk oral history of American finance taken from diaries, private letters, memoirs and reportage. The book chronicles busts (from the 11 percent one-day drop of 1929's Black Tuesday to the 23 percent Black Monday skid of 1987) and booms (in 1999, more than 60 mutual funds had return rates that exceeded 100 percent). Colbert forges a few provocative themes--the explosive impact of information technolo...
