Faculty News
Professor William Silber's book, "When Washington Shut Down Wall Street," is referenced in a letter to the editor
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Excerpt from The Wall Street Journal -- "As documented by NYU Prof. William Silber, Treasury Secretary William Gibbs McAdoo (later Woodrow Wilson’s son-in-law) permitted major New York banks to count New York City securities as reserve collateral to underwrite an emergency note issuance to plug the New York City funding gap."
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