Caldwell and Company
Caldwell and Company

Author: John Berry McFerrin

Publisher: Vanderbilt University Press

Published: 2021-09-01

Total Pages: 480

ISBN-13: 0826504744

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This is the fascinating, detailed account of the rise and fall of the largest banking house ever before established in the South, whose financial misfeasance during the prosperous twenties led to its eventual collapse and brought ruin to numerous innocent investors. Caldwell and Company was founded in Nashville in 1917 by Rogers Caldwell, the son of a leading local banker and businessman. Beginning as a small underwriter and distributor of Southern municipal bonds, the firm soon branched out into real estate bonds and industrial securities as well. Control of important banks in Tennessee and Arkansas was acquired; newspapers, and even Nashville's professional baseball team, came under the firm’s ownership. Caldwell and Company was, truly, a pioneer conglomerate. Caldwell and Company also ventured into the realm of politics, supporting certain politicians (notably Colonel Luke Lea) with questionable benefits accruing to the firm, including substantial state deposits in Caldwells Bank of Tennessee. In November 1930 the firm went into receivership. Unethical practices, including overextension in the acquisition of banks, insurance companies, and other business, had already strain Caldwell and Company’s assets. With the 1929 collapse of stock prices. Rogers Caldwell could not meet the company’s obligations, and he began to squeeze all available cash from the various controlled firms. He also negotiated a merger between Caldwell and Company and Banco-Kentucky Company of Louisville—a transaction which must stand as one of the strangest deals in the annals of American business. Even the aforementioned State of Tennessee deposits, which helped float his empire for a while, could not prevent its collapse—a collapse which resulted in a multi-million dollar loss to Tennessee’s Treasury, public hysteria, and clamor for the impeachment of the Governor of Tennessee. Originally Published in 1939, this edition includes a new introduction in which the author comments on the long-run implications of the Caldwell episode and reports the outcome of legal actions, both civil and criminal, still pending at the time the book was first published.

A Kentucky Sampler
A Kentucky Sampler

Author: Lowell H. Harrison

Publisher: University Press of Kentucky

Published: 2014-07-15

Total Pages: 453

ISBN-13: 0813163080

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The Filson Club History Quarterly, first published in 1926, has long enjoyed a reputation as one of the nation's finest regional historical journals. Over the years it has published excellent essays on virtually every aspect of Kentucky history. Gathered together here for the first time are twenty-eight selections, chosen from the first fifty years of the journal's publication. These essays span the range of Kentucky history and culture from frontier criminals to best sellers by Kentucky women writers, and from Indian place names to twentieth century bank failures. Included among the essayists are Thomas D. Clark, J. Winston Coleman, Jr., Robert E. McDowell, Lowell Harrison, Hambleton Tapp, Julia Neal, Allan M. Trout, and many other well-known authorities on Kentucky history. The editors have arranged these essays into five chronological periods, which include the pioneer era, the antebellum years, the Civil War, the late nineteenth century, and the twentieth century. They have carefully chosen essays that provide a topical diversity within each category. Included in this volume are two brief introductory essays sketching the history of The Filson Club and The Filson Club History Quarterly.

Let's Take the Long Way Home
Let's Take the Long Way Home

Author: Gail Caldwell

Publisher: Random House Trade Paperbacks

Published: 2011-08-09

Total Pages: 226

ISBN-13: 0812979117

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NEW YORK TIMES BESTSELLER They met over their dogs. Gail Caldwell and Caroline Knapp (author of Drinking: A Love Story) became best friends, talking about everything from their love of books and their shared history of a struggle with alcohol to their relationships with men. Walking the woods of New England and rowing on the Charles River, these two private, self-reliant women created an attachment more profound than either of them could ever have foreseen. Then, several years into this remarkable connection, Knapp was diagnosed with cancer. With her signature exquisite prose, Caldwell mines the deepest levels of devotion, and courage in this gorgeous memoir about treasuring a best friend, and coming of age in midlife. Let’s Take the Long Way Home is a celebration of the profound transformations that come from intimate connection—and it affirms, once again, why Gail Caldwell is recognized as one of our bravest and most honest literary voices.

The Age of Entitlement
The Age of Entitlement

Author: Christopher Caldwell

Publisher: Simon & Schuster

Published: 2021-01-05

Total Pages: 352

ISBN-13: 1501106910

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A major American intellectual and “one of the right’s most gifted and astute journalists” (The New York Times Book Review) makes the historical case that the reforms of the 1960s, reforms intended to make the nation more just and humane, left many Americans feeling alienated, despised, misled—and ready to put an adventurer in the White House. Christopher Caldwell has spent years studying the liberal uprising of the 1960s and its unforeseen consequences and his conclusion is this: even the reforms that Americans love best have come with costs that are staggeringly high—in wealth, freedom, and social stability—and that have been spread unevenly among classes and generations. Caldwell reveals the real political turning points of the past half-century, taking you on a roller-coaster ride through Playboy magazine, affirmative action, CB radio, leveraged buyouts, iPhones, Oxycotin, Black Lives Matter, and internet cookies. In doing so, he shows that attempts to redress the injustices of the past have left Americans living under two different ideas of what it means to play by the rules. Essential, timely, hard to put down, The Age of Entitlement “is an eloquent and bracing book, full of insight” (New York magazine) about how the reforms of the past fifty years gave the country two incompatible political systems—and drove it toward conflict.