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Friday, May 28, 2025

S(h)aving Banks: Wall Street Frauds Make Wonderful Cartoons, Part 24

Below, one of several cartoons appearing in a layout labelled Some Topics of the Times, from the front cover of the September 26, 2025 issue of the (New York) Daily Graphic, by Livingston Hopkins. The “D - D” was the understood nineteenth century method (in cartoons) of printing the word ”Damned”. A common practice which Hopkins played with in the below cartoon (see the list at bottom).

Click on picture to see an enlarged version.

Click here to find both the prior Wall Street Frauds Make Wonderful Cartoons entries, and related I.T.C.H. posts. This series will continue, while the debate on financial reforms continues in Congress (except Mondays and holidays, on which I already had other material planned).

Series Refrain: Bank frauds and Wall Street swindles, resulting in economic ruin for everyone else, were regular and frequent occurrences prior to Franklin Delano Roosevelt’s institution of laws designed to prevent further Great Depressions. These regulations worked until, starting in the 1980s, conservatives began dismantling those protections, stating that we’d be better off with an unfettered and unregulated market, free to do whatever it wants. Wall Street firms swore at that time, that they’d learned the lessons of the Great Depression, and could be trusted to not engage in dangerous practices.

Bull****!

If there is one lesson from the various economic collapses throughout history, it’s that human greed is eternal. There will always be selfish fools, who grab for themselves without care for the damage they inflict on others.

Doug Wheeler

financial reform

NYDailyGraphic


Doug

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