Archive for News

Panic in the Loop – Wins Silver Award

Lexington Books – The Rowman & Littlefield Publishing Group Congratulations to Raymond Vickers, who received the Silver award in the Independent Publishers Book Awards (Finance/Investment/Economics category) for his book, Panic in the Loop: Chicago’s Banking Crisis of 1932. Learn more about this award winning book here. Lexington Books takes great…

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Secret Bank Records Shine Light on 1920s Boom and Bust

By Harold Bubil Published: Sunday, January 27, 2008 at 4:30 a.m. Herald Tribune The real estate market decline and the subprime mortgage meltdown have claimed victims big and small, from the mammoth Citigroup and Bradenton’s Coast Bank to families’ equity in their homes. It all has a familiar ring to…

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History lessons

Published: Saturday, February 2, 2008 at 4:30 a.m. Herald Tribune You can’t change history. But can you change the story? That is what I have learned in researching a three-part series that continues tomorrow in the Sunday Real Estate section. “Florida Boom and Bust” focuses on the Florida land boom/bust…

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Banking’s Veil of Secrecy

By Harold Bubil Published: Sunday, February 3, 2008 at 4:30 a.m. — Second of three parts Raymond Vickers knows banks. Unlike many historians, he has practical experience in his field of expertise, earned from years as Florida’s assistant state comptroller in the mid-1970s and a career as a banking attorney…

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Q&A: Raymond Vickers on Bank-examination Reports

Herald Tribune Published: Sunday, February 3, 2008 at 4:30 a.m. Harold Bubil interviews Raymond Vickers, author of “Panic in Paradise,” about what he found in the bank-examination reports he used as primary sources for his book on the 1926 banking crash. (In Florida, such reports are kept secret forever unless…

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Crusading Historian Vickers is Still Battling His Detractors

Harold Tribune By Harold Bubil Published: Sunday, February 10, 2008 at 4:30 a.m. LAST OF THREE PARTS Historian and banking attorney Raymond “Vic” Vickers expected that his book exposing fraud and insider abuse by Florida bankers in the 1920s would garner criticism. He didn’t have to wait long. A year…

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Historians fight it out on the battleground of ideas

Herald Tribune By Harold Bubil Real Estate Editor Published: Sunday, February 10, 2008 at 7:31 a.m. Being a historian is not a profession for the weak of heart. After you’ve gotten a doctoral degree (or are killing yourself trying to get one), you bury yourself in libraries, studying old books…

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Causes of the bust

Herald Tribune Published: Sunday, January 27, 2008 at 4:30 a.m. Florida’s real estate boom, by any measure one of the biggest speculative investment bubbles in history, peaked in October 1925, and banks started failing in the summer of 1926. The bubble burst because of: Bank fraud and insider abuse, aggravated…

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Architect Addison Mizner: Villain or visionary?

By Harold Bubil Herold Tribune Published: Sunday, January 27, 2008 at 4:30 a.m. To be a real estate developer in the 1920s was to be a dreamer and a financial daredevil. Simply the appearance of success made you a celebrity, a hero at a time when business was the new…

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Closing the Door on One Scandal, Reopening Another Author: Bank Fraud Caused ’26 Land Bust

Miami Herald, The (FL) – April 23, 1995 Author: JACK WHEAT Herald Staff Writer History has ignored Charles Dawes, vice president of the United States under President Calvin Coolidge. Sometimes, obscurity is a kindness. Dawes was not merely Silent Cal’s second banana. In 1925, he won the Nobel Peace Prize…

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