The Panic of 1907: How One Man Saved America From Financial Ruin

In October 1907, America had no central bank — and when the banks started failing, one 70-year-old financier, J.P. Morgan, locked the nation's bankers in his library and refused to let them out until they paid up. This is the story of the week Wall Street almost died, and how the panic forced America to create the Federal Reserve. Subscribe to International Histories for a new story every day! #PanicOf1907 #FinancialHistory #JPMorgan #FederalReserve #WallStreet #Documentary Educational content only — not financial advice.