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Loss of $1 125 000 exposes Montgomery defalcation timeline
Special to The Washington Post from Pittsburg reports that the exposure of William Montgomery's defalcations four months earlier would have prevented a broader financial crash. Allegheny National Bank and related firms faced suspensions, with deposits tied up and a tightening money market.
MENTIONED IN THIS ARTICLE
Montgomery
Washington Post
Pitsburg
Pittsburg
Allegheny National Bank
James Carothers
Allegheny Bank
Mrouth
William “Montgomery
Joh Young
Henry Reiser
Fapme
Teposit Bank
Fim