Our American StoriesOur American Stories

How Cornelius Vanderbilt Caused the Panic of 1869 ('Black Friday') and Then Personally Rescued the American Economy

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On this episode of Our American Stories, by 1869, the 'Commodore’s' wealth had grown so much that his private interests intersected with the general public's. T.J. Stiles, author of the Pulitzer Prize-winning biography The First Tycoon, shares the story of Cornelius Vanderbilt at his most skillful—and chilling. 

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