The United States Federal Reserve System is the central banking system of the United States. It was created on December 23, 1913.
Federal Reserve Board, 1917
Fed Reserve
Panic of 1907
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The Panic of 1907, also known as the 1907 Bankers' Panic or Knickerbocker Crisis, was a financial crisis that took place in the United States over a three-week period starting in mid-October, when the
The curb outside the New York Stock Exchange's building, where panic began.
Headquarters of the Knickerbocker Trust Company at the northwest corner of Fifth Avenue and 34th Street
J.P. Morgan, the dominant banker in New York City.
Floor of the New York Stock Exchange (pictured in 1908)