In March 1929, after a warning from the Federal Reserve, the stock market suffered a mini-crash; Charles Mitchell, president of National City Bank (the predecessor of Citibank), announced $25 million in credit to prop up the market, and the call loan rate fell from 20% back to 8%.
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一个狠人
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Wikipedia：1929年华尔街股灾
2026-10-07 01:33 · Two days later, banker Charles E. Mitchell announced that his company, the National City Bank, would provide $25 million
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Context CONTEXT
Cause
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This event
Citibank President Injects $25 Million to Support the Market
1929.03 · Verified
Effect
1929.10.24
·Verified
·Importance V
·United States
Coverage of this event COVERAGE