# Taming the Street: The Old Guard, the New Deal, and Fdr's Fight to Regulate American Capitalism - Hardcover

by **Diana B. Henriques** (Author)

**The "extraordinary" (_New York Times Book Review,_ Editors' Choice) story of FDR's fight for the soul of American capitalism--from award-winning journalist Diana B. Henriques, author of _The Wizard of Lies: Bernie Madoff and the Death of Trust_**

**"I thought I was well versed in the New Deal, but it turns out I knew next to nothing. Diana Henriques's chronicle is meticulous, illuminating, and riveting."--Kurt Andersen, _New York Times_ bestselling author of _Evil Geniuses_ and _Fantasyland_**  
**  
A _BLOOMBERG_ BEST BOOK OF THE YEAR**

_Taming the Street_ describes how President Franklin D. Roosevelt battled to regulate Wall Street in the wake of the 1929 stock market crash and the ensuing Great Depression. With deep reporting and vivid storytelling, Diana B. Henriques takes readers back to a time when America's financial landscape was a jungle ruled by the titans of vast wealth, largely unrestrained by government. Roosevelt ran for office in 1932 vowing to curb that ruthless capitalism and make the world of finance safer for ordinary savers and investors. His deeply personal campaign to tame the Street is one of the great untold dramas in American history.

Success in this political struggle was far from certain for FDR and his New Deal allies, who included the political dynasty builder Joseph P. Kennedy and the future Supreme Court justice William O. Douglas. Wall Street's old guard, led by New York Stock Exchange president Richard Whitney, fought every new rule to the "last legal ditch." That clash--between two sharply different visions of financial power and federal responsibility--has shaped how "other people's money" is managed in the United States to this day.

As inequality once again reaches Jazz Age levels, Henriques brings to life a time when the system worked--an idealistic moment when ordinary Americans knew what had to be done and supported leaders who could do it. A vital history and a riveting true-life thriller, _Taming the Street_ raises an urgent and troubling question: What does capitalism owe to the common good?

### Author Biography

**Diana B. Henriques** is the author of five previous books, including the _New York Times_ bestseller _The Wizard of Lies: Bernie Madoff and the Death of Trust,_ which was adapted as an HBO film starring Robert De Niro and was cited in the widely watched Netflix documentary series _Madoff: The Monster of Wall Street._ A staff writer for _The New York Times_ from 1989 to 2012, she is a George Polk Award winner and a Pulitzer Prize finalist, and she has received Harvard's Goldsmith Prize for Investigative Reporting, among other honors. Henriques lives in Hoboken, New Jersey.

**Number of Pages:** 464

**Dimensions:** 1.42 x 9.29 x 6.14 IN

**Publication Date:** September 12, 2023

## Details

- **Price:** 30.0 USD
- **Vendor:** Books by splitShops
- **Type:** Books
- **Tags:** Books by splitShops, Shopify Collective

## Variants

| Variant | Price | Available |
|---------|-------|-----------|
| Default Title | 30.00 USD | In stock |

## Images

- Taming the Street: The Old Guard, the New Deal, and Fdr's Fight to Regulate American Capitalism - Hardcover

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