It takes the average reader 6 hours and 55 minutes to read The Pecora Investigation by U.S. Senate
Assuming a reading speed of 250 words per minute. Learn more
by the U.S. Senate Committee on Banking and CurrencyIt reads like a news report from 2009, not 1929: investment practices that favored rich insiders, collusion between Wall Street and Washington DC, the repackaging of bad loans to get them off the books of offending banks, and numerous other financial crimes the impacts of which reverberated through the world economy.Between 1932 and 1934, Ferdinand J. Pecora (1882-1971), an American lawyer, served as chief counsel to the United States Senate Committee on Banking and Currency as it interrogated those responsible for the stock market crash of 1929 and the resulting Great Depression. This is the full report on the Pecora Commission's investigations to the Senate committee, and it makes for astonishing reading today, now that the repeal of the reforms implemented as a result of Pecora's report set the stage for the Great Recession that began in 2008.This firsthand document of the economic history of the United States is required reading for anyone wishing to untangle the web of deceptive financial practices of the past and today alike.
The Pecora Investigation by U.S. Senate is 406 pages long, and a total of 103,936 words.
This makes it 137% the length of the average book. It also has 127% more words than the average book.
The average oral reading speed is 183 words per minute. This means it takes 9 hours and 27 minutes to read The Pecora Investigation aloud.
The Pecora Investigation is suitable for students ages 12 and up.
Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.
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