Business Case Studies & Business Publications

The Panic of 1907

Bruner, Robert F.,...

Case

The Panic of 1907

Bruner, Robert F.; Debaere, Peter; Carr, Sean

G-0619 | Published September 5, 2008 | 13 pages Case

Collection: Darden School of Business

Product Details

The case discusses and analyzes the runup to the financial panic of 1907 and its aftermath. Market conditions and institutional responses are highlighted. We sketch the broader economic context and the monetary situation in particular. The case draws on the Bruner and Carr (2007) book, "The Panic of 1907: Lessons Learned from the Market’s Perfect Storm" and on the Friedman and Schwartz (1963) book, "A Monetary History of the United States, 1867–1960." The case allows for a contrast-and-compare exercise with the 2007 credit crunch in the United States.