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{"id":54,"date":"2011-09-07T21:37:09","date_gmt":"2011-09-07T21:37:09","guid":{"rendered":"http:\/\/raymondvicvickers.com\/?page_id=54"},"modified":"2021-03-21T16:19:31","modified_gmt":"2021-03-21T16:19:31","slug":"panic-in-paradise-floridas-banking-crash-of-1926","status":"publish","type":"page","link":"https:\/\/raymondvicvickers.com\/books\/panic-in-paradise-floridas-banking-crash-of-1926\/","title":{"rendered":"Panic In Paradise – Florida’s Banking Crash of 1926"},"content":{"rendered":"

\"\"<\/a>Panic in Paradise is a comprehensive study of bank failures during the Florida land boom of the mid-1920s, during the years preceding the stock market crash of 1929. Florida and Georgia experienced a banking panic in 1926 when, in a ten-day period in July, after uncontrollable depositor runs, 117 banks closed in the two states. Uninsured depositors lost millions, and several suicides followed the financial havoc. This volume makes use of banking records that were legally sealed for almost 70 years and provides a shocking story of professional corruption and conspiracy.<\/p>\n

“An extraordinary and unusual book that makes an important contribution to our understanding of banking history and the general economic history of the 1920s. The banking collapse in the Southeast is virtually unknown, even to specialists in banking and financial history. No one who is interested in the banking history of the United States will want to miss this book.”
\n— Eugene N. White, Rutgers University<\/strong><\/p>\n

“An exhaustively researched pioneering study; brilliant investigative reporting.”
\n— Jack Blicksilver, Georgia State University<\/strong><\/p>\n

“Vickers is a social reformer of the first order, an anachronism, a man of reason in an age of insanity.”
\n–Professor David O. Whitten, Auburn University<\/strong><\/p>\n

Panic in Paradise, Panic in Paradise, 0817307230, 0-8173-0723-0, 978-0-8173-0723-3, 9780817307233, , , Panic in Paradise, 081735414X, 0-8173-5414-X, 978-0-8173-5414-5, 9780817354145,<\/p>\n

Hardcover & Paperback at Amazon<\/a><\/strong><\/p>\n

More Reviews:<\/h2>\n

“Excellent and detailed. . . . Reads almost like a fiction thriller.”
\n\u2014Tampa Tribune<\/strong><\/p>\n

“This dramatic and pioneering book . . . makes important contributions to Florida and American history [and] it is a well-written, compelling account that is given added veracity [because] Vickers forced reinterpretation of Florida\u2019s bank secrecy law. His book should find a place on the shelves of all Floridians interested in the colorful history of their state.”
\n\u2014Tallahassee Democrat<\/strong><\/p>\n

This book is a story of mismanagement, fraud, government corruption, and cover-up in the banks of Florida and Georgia from 1926 to 1929. Vickers tells a classic tale of evil bankers deliberately channeling depositors\u2019 funds into their own development projects while bribing government officials to help hide their crimes. One of the most interesting aspects of the book is the author\u2019s own role in \u2018putting the criminal away.\u2019 An attorney, economic historian, and past assistant comptroller of the state of Florida, Vickers had to use all of his skills. . . . In addition to the usual problems, . . . the author faced the state controller\u2019s opinion that the release of the records \u2018was a crime.\u2019 Vickers\u2019 legal efforts and skillful use of publicity caused the reversal of that decision.” \u2014American Historical Review<\/strong><\/p>\n

The Business Library Review, An International Journal<\/em>, (Feb., 1996), pp. 7-11
\n
Reviewed by David O. Whitten, Auburn University<\/a><\/p>\n

The American Historical Review<\/em>, Vol. 101, No. 2. (Apr., 1996), pp. 585-586
\n
Reviewed by Lynne Pierson Doti, Chapman University<\/a><\/p>\n

The Journal of Economic History<\/em>, Vol. 55, No.2. (Jun., 1995), pp. 444-445
\n
Reviewed by David C. Wheelock, Federal Reserve Bank of St. Louis<\/a><\/p>\n

Choice, Current Reviews of Academic Books, Vol. 32, No. 5 (Jan., 1995), p. 840
\n
Reviewed by S. L. Engerman, University of Rochester<\/a><\/p>\n

The Tallahassee Democrat, (1996)
\n
Reviewed by Dr. William Warren Rogers<\/a><\/p>\n

The Florida Times-Union, (Nov. 6, 1994)
\n
Reviewed by Simon Barker-Benfield<\/a><\/p>\n

Articles about Vic Vickers’ Publications<\/h2>\n

Secret bank records shine light on 1920s boom and bust<\/em><\/a>
\nBy Harold Bubil, Sarasota Herald Tribune, January 27, 2008<\/p>\n

History lessons<\/em><\/a>
\nBy Harold Bubil, Sarasota Herald Tribune, February 2, 2008<\/p>\n

Banking’s veil of secrecy<\/em><\/a>
\nBy Harold Bubil, Sarasota Herald Tribune, February 3, 2008<\/p>\n

Veil of secrecy (original printed article)<\/em><\/a>
\nBy Harold Bubil, Sarasota Herald Tribune, February 3, 2008<\/p>\n

Q&A: Raymond Vickers on bank-examination reports<\/em><\/a>
\nBy Harold Bubil, Sarasota Herald Tribune, February 3, 2008<\/p>\n

Crusading historian Vickers is still battling his detractors<\/em><\/a>
\nBy Harold Bubil, Sarasota Herald Tribune, February 10, 2008<\/p>\n

Historians fight it out on the battleground of ideas<\/em><\/a>
\nBy Harold Bubil, Sarasota Herald Tribune, February 10, 2008<\/p>\n

Causes of the bust<\/em><\/a>
\nSarasota Herald Tribune, January 27, 2008<\/p>\n

Architect Addison Mizner: Villian or visionary?<\/em><\/a>
\nBy Harold Bubil, Sarasota Herald Tribune, January 27, 2008<\/p>\n

Closing Door on One Scandal, Reopening Another<\/em><\/a>
\nBy Jack Wheat, Miami Herald, April 23, 1995<\/p>\n

About the Author<\/h3>\n

Raymond Vickers, whose background includes a law degree, a Ph.D. in history, and four years as assistant comptroller of Florida (which made him Chief of Staff of the Florida Department of Banking and Finance) is uniquely qualified to provide a thorough disclosure of the Florida banking debacle of the 1920s. His long-term research and successful lawsuits designed to force the disclosure of sealed records have brought him to the attention of such major media outlets as the Washington Post<\/em> and the Wall Street Journal,<\/em> in which Vickers said: “I haven’t found a single bank failure that didn’t involve a conscious conspiracy to defraud.”<\/p>\n

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Panic in Paradise is a comprehensive study of bank failures during the Florida land boom of the mid-1920s, during the years preceding the stock market crash of 1929. Florida and Georgia experienced a banking panic in 1926 when, in a ten-day period in July, after uncontrollable depositor runs, 117 banks closed in the two states. […]<\/p>\n","protected":false},"author":4,"featured_media":0,"parent":8,"menu_order":1,"comment_status":"closed","ping_status":"open","template":"","meta":[],"_links":{"self":[{"href":"https:\/\/raymondvicvickers.com\/wp-json\/wp\/v2\/pages\/54"}],"collection":[{"href":"https:\/\/raymondvicvickers.com\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/raymondvicvickers.com\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/raymondvicvickers.com\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/raymondvicvickers.com\/wp-json\/wp\/v2\/comments?post=54"}],"version-history":[{"count":13,"href":"https:\/\/raymondvicvickers.com\/wp-json\/wp\/v2\/pages\/54\/revisions"}],"predecessor-version":[{"id":323,"href":"https:\/\/raymondvicvickers.com\/wp-json\/wp\/v2\/pages\/54\/revisions\/323"}],"up":[{"embeddable":true,"href":"https:\/\/raymondvicvickers.com\/wp-json\/wp\/v2\/pages\/8"}],"wp:attachment":[{"href":"https:\/\/raymondvicvickers.com\/wp-json\/wp\/v2\/media?parent=54"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}