Andrew Ross Sorkin: The Lesson of 1929. Charles Mitchell strode up the steps of 55 Wall Street, determined to project his usual sense of confidence and certitude. It had been a crushing afternoon. As he returned to his office, he knew that the eyes of New York were on him—everyone from the traders in the street to his own secretary was assessing his gait and searching his face, trying to read meaning in every twitch, every line, every wrinkle. In his gray three‑piece suit, shoulders back, Mitchell kept up his smile as he passed through the glass‑domed central hall of his National City Bank.
The bank, with its 83‑foot ceiling and two solid-bronze doors protecting a safe weighing some 300 tons, was the largest in the country. It was just past 5:30 p.m. on Monday, October 28, 1929. As Mitchell made his way to his office, the teller windows he passed reflected the weary puffiness under his eyes and his disheveled, graying eyebrows. But he didn’t have time to consider his emotional state. And with that wealth came fame.
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