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Charles E. MitchellDownload nowEnlargeShow similar images

Title: Charles E. Mitchell

Description: Charles E. Mitchell (Charles Edwin Mitchell; AKA: Sunshine Charley; 1877-1955), American banker, whose unstable securities policies reportedly contributed in the largest part to the 1929 stock market crash; he was elected president of National City Bank (now Citibank) in 1921 and its chairman in 1929, and elected president of National City Company in 1921, which became the largest security issuing institution in the world; his salesmen sold $650 million in shares in the bank, much of this lost in the 1929 stock market crash and Mitchell at that time was flaunting a $25 million advance to traders when the Federal Reserve Bank was aggressively attempting to curb such speculation; Mitchell was indicted on charges of tax evasion but was cleared of all criminal charges in 1933 in a sensational trial; Mitchell nevertheless died penniless and his elaborate townhouse on Fifth Avenue is now occupied by the French consulate; bankers;

Keywords: banks, business leaders, financial leaders, stock speculation

Orientation: Vertical

Dimensions: 1200 x 2625 (3.15 MPixels) (2.19)

Print Size: 10.2 x 22.2 cm; 4.0 x 8.8 inches

File Size: 9.02 MB (9,460,730 Bytes)

Resolution: 300 x 300 dpi

Color Depth: 16.7 million (24 BitsPerPixel)

Compression: None

Image Number: 0000096222

Source: Jay Robert Nash Collection


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