Banking in Oklahoma, 1907-2000 Book PDF, ePub eBook

Michael J. Hightower

Banking in Oklahoma, 1907-2000.pdf

File Name: Banking in Oklahoma, 1907-2000.pdf
Size: 9.16 MB
Uploaded: 2017-06-29 01:59:35

Status: AVAILABLE Last checked: 38 Minutes ago!

Rating: ★★★★★ 89 out of 100 based on 9880 user

Join our eBook service for unlimited books & audiobooks. Get a free 7 day subscription! ↓↓↓↓↓

Book Descriptions:

The story of banking in twentieth-century Oklahoma is also the story of the Sooner State’s first hundred years, as Michael J. Hightower’s new book demonstrates. Oklahoma statehood coincided with the Panic of 1907, and both events signaled seismic shifts in state banking practices. Much as Oklahoma banks shed their frontier persona to become more tightly integrated in the national economy, so too was decentralized banking revealed as an anachronism, utterly unsuited to an increasingly global economy. With creation of the Federal Reserve System in 1913 and subsequent choice of Oklahoma City as the location for a branch bank, frontier banking began yielding to systems commensurate with the needs of the new century.

Through meticulous research and personal interviews with bankers statewide, Hightower has crafted a compelling narrative of Oklahoma banking in the twentieth century. One of the first acts of the new state legislature was to guarantee that depositors in state-chartered banks would never lose a penny. Meanwhile, land and oil speculators and the bankers who funded their dreams were elevating get-rich-quick (and often get-poor-quick) schemes to an art form. In defense of country banks, the Oklahoma Bankers Association dispatched armed vigilantes to stop robbers in their tracks.

Subsequent developments in Oklahoma banking include adaptation to regulations spawned by the Great Depression, the post–World War II boom, the 1980s depression in the oil patch, and changes fostered by rapid-fire advances in technology and communication. The demise of Penn Square Bank offers one of history’s few unambiguous lessons, and it warrants two chapters—one on the rise, and one on the fall. Increasing regulation of the banking industry, the survival of family banks, and the resilience of community banking are consistent themes in a state that is only a few generations removed from the frontier.

Banking in Oklahoma, 1907-2000 by Michael J. Hightower

From reader reviews:

Dorothy Frazier:

As people who live in typically the modest era should be upgrade about what going on or information even knowledge to make these keep up with the era which can be always change and make progress. Some of you maybe may update themselves by reading through books. It is a good choice in your case but the problems coming to an individual is you don't know which one you should start with. This Banking in Oklahoma, 1907-2000 is our recommendation to cause you to keep up with the world. Why, because book serves what you want and want in this era.

Deborah Hart:

Your reading 6th sense will not betray an individual, why because this Banking in Oklahoma, 1907-2000 e-book written by well-known writer who knows well how to make book which might be understand by anyone who else read the book. Written inside good manner for you, dripping every ideas and producing skill only for eliminate your own hunger then you still question Banking in Oklahoma, 1907-2000 as good book but not only by the cover but also by content. This is one publication that can break don't assess book by its cover, so do you still needing an additional sixth sense to pick this!? Oh come on your examining sixth sense already told you so why you have to listening to one more sixth sense.

Raymond Dahms:

As we know that book is very important thing to add our knowledge for everything. By a book we can know everything we want. A book is a list of written, printed, illustrated or blank sheet. Every year was exactly added. This e-book Banking in Oklahoma, 1907-2000 was filled about science. Spend your time to add your knowledge about your research competence. Some people has several feel when they reading the book. If you know how big good thing about a book, you can feel enjoy to read a reserve. In the modern era like at this point, many ways to get book which you wanted.

Nathan Osborne:

What is your hobby? Have you heard that will question when you got learners? We believe that that question was given by teacher on their students. Many kinds of hobby, Everyone has different hobby. And you know that little person just like reading or as reading become their hobby. You must know that reading is very important and book as to be the matter. Book is important thing to incorporate you knowledge, except your teacher or lecturer. You find good news or update about something by book. Different categories of books that can you decide to try be your object. One of them is actually Banking in Oklahoma, 1907-2000.

How it works:

1. Register a free 1 month Trial Account.
2. Download as many books as you like (Personal use)
3. Cancel the membership at any time if not satisfied.