[background sounds] good afternoon, good afternoon and we will to the American Enterprise is to do. My name is paul, im an aei resident scholar and Financial Services of the organizer of todays events. This afternoon i am pleased to host matthew sake to discuss his new biography of carter glass. One of the most influential politicians of his time, and architect of key legislation that the American Financial system. Kind of in 1858 in lynchburg virginia and grew up in the reconstruction self. Is this policy on the role of government was shaped by the views of thomas jefferson. For just 70 miles north. From 1903 until the early 1940s they played a key role in every important legislative debate. Its colleagues in the house, later in the senate, both democrats and republicans, as the go to expert when it came to baking issues. Our glass was a consummate politician. He was an expert when it came to reading the political tea leaf and crafting compromises that could be passed into law. He was
Warlike situation, relationship changed but the dependency of one group on the other continued. It was either about money or influence by them is pretty much prevalent in different ways through different presidencies weve had throughout our history but the history i cover specifically since Teddy Roosevelt administration until today. Host is there a reason you picked that starting point . Guest yes. First of all it was only so much time i had an life basically to do a couple of centuries versus one but really what happened was as we know there was a crisis, a crash, black tuesday 1929. Not want to start the book but when i realized when i researched that crash was a couple of the bankers that were most connected to the crash and most concerned about it including bankers from the morgan bank bank which we now s j. P. Morgan chase, if you trace them back, traced back to j. P. Morgan and j. P. Morgan was one of the league bankers in the country from 1890. There was this through line of in
insurance for deposits saving grace for deposit fors as of much as $220 billiony uninsured. move to prevent a run on additional banks makes it so the tech company as it banked with svb can make payroll. at least 29y impacted pinterest, zip recruiter just to name a few. separately the same has been done for new york signature bank which was shut down over the weekend. treasury secretary janet yellen says the action does not equal bailing out the banks. during the financial crisis there were investors and owners of stem large banks that were bailed out and we re certainly not looking and the reforms that have been put in place means that we re not going to do that again. but, we are concerned about the depositors and are focused on trying to meet their needs. so, unlike the great financial drivers stock and bond investors will not be protected by the move. and taxpayer money will not be injected. percy square agrees this was not a bailout. he wrote this on twitter, quote
Author, Event Coordinator here at the library. And thank you thank you for joining us for this evenings program. Um, some quick notes if you havent already. Books are being sold by our bookselling partner, snug books right outside. Theyll be available for purchase now or after the program and tickets are still available. Ali velshi joining us in on may 9th. Go to Pratt Library dot org to find out more and reserve your tickets and now for tonights program tonight im to welcome jonna mendez to Pratt Library to discuss her new book in true face a womans in the cia unmasked. In it, she talks about her cia career as a contract wife performing secretarial secretarial duties for the cia as a convenience to her. A young officer stationed in europe and true face recounts not only the drama of mendezs high stakes work how the savvy operator parlayed her everyday woman appeal into incredible subterfuge, but also the grit and good fortune it took for her to navigate a misogynistic world. This is t
Theyll be available for purchase now or after the program and tickets are still available. Ali velshi joining us in on may 9th. Go to Pratt Library dot org to find out more and reserve your tickets and now for tonights program tonight im to welcome jonna mendez to Pratt Library to discuss her new book in true face a womans in the cia unmasked. In it, she talks about her cia career as a contract wife performing secretarial secretarial duties for the cia as a convenience to her. A young officer stationed in europe and true face recounts not only the drama of mendezs high stakes work how the savvy operator parlayed her everyday woman appeal into incredible subterfuge, but also the grit and good fortune it took for her to navigate a misogynistic world. This is the story of an incredible spy and what it took to it. Jonna mendez is a former chief of disguise with over 25 years of experience as a cia officer working in moscow and other sensitive areas with. Her late husband, tony mendez. She