The Hidden Fault Lines in Modern Finance

With the stock market at exhilarating heights, any sign of weakness raises fears of another financial crisis. No wonder market prognosticators are asking: Could we soon face a repeat of 2008 or 2000? Marc Rubinstein, a former London-based hedge fund manager and bank analyst, thinks we should go back even further, past the infamous stock market crash of 1929 — to the Bankers’ Panic of 1907.