People facing ruin from bank failure in the Panic 1907

In the summer of 1907, the American economy was showing signs of weakness as a number of business and Wall Street brokerages went bankrupt. In October, the respected Knickerbocker Trust in New York City and the Westinghouse Electric Company both failed, touching off a series of events known as the Panic

Bankrupt Failed Failure Knickerbocker Panic Recession Respected Weakness Westinghouse

Features In These Collections

> Contributors > ILN