He remembers the bank failures of 1929-32 in New York, and tells of his dancing partner's father, an intimate friend of Jackson E. Reynolds, president of the First National Bank of New York City, who wrote off $40 million in bad debt after the crash and kept his job.
Date (happened)
between 1929 and 1932
unresolved
- between 1929 and 1932
- between 1929 and 1932
Place
Persons
Told / reported
- 3 April 1967
Sources
Source
- Coming to Know the Only True God ¶28 (I recall vividly a friend of mine, my dancing partner’s father, he was a very close intimate friend of the president of the First National Bank of New York City.)