2026-04-29
53 分钟Jay Cook & Co. Had three main branches.
In New York, he had his own partners that were very able, but they literally just ran out of money.
They didn't have enough money to meet their own obligations.
So the New York partners summoned all the big counterparties among the big brokerage houses and investment banks on Wall Street
and say, look, if we do n't have a million dollars by 10 a.m.
We're dead.
Wow.
Yeah.
That's where you get the spooky music and dramatic music into the movie.
It is the moment, really.
It electrified everybody.
This was not a small bank.
This was like a J.P. Morgan or a Goldman Sachs out of the blue suddenly saying, we're dead.
Today on the story of money, what happens when an exciting new technology fuels an investment bubble?
Attracting a huge amount of money that eventually stages a spectacular burst.
Now, we could be talking about the present-day AI boom,
but in fact, we 're going to bring you a story that took place 150 years ago.
It's about the technology that first knitted the US economy together, financed by an unprecedented accumulation of debt.
Vast fortunes were made as the market built up a head of steam before hitting the buffers in one of the biggest
financial panics in Wall Street history.