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The Gold Ring : Jim Fisk, Jay Gould, and Black Friday, 1869 ReviewAckerman manages to make the financial part of this scandal easily comprehensible. He also does a great job of sketching in the principals as living, breathing characters.At the center of this tale sit Jay Gould and Jim Fisk, an unlikely team-- one a stiff, and tightly self-controlled, the other a flamboyant high-roller who lived openly with his mistress. How they hatched a plot which nearly trashed the entire US economy is more adventure than detective story.
Ackerman has put his tale together with a good assortment of sources (once the gold scheme blew up, lots of people had lots to say, some of it in court), and he manages to give us just enough background for understanding without wandering off down some side street. And he shows how the fallout included the beginnings of federal regulations to protect the US economy.
Originally written in 1988, this is a great piece of work and a welcome reissue (though filled with an extraordinarily large number of typos). Highly recommended.The Gold Ring : Jim Fisk, Jay Gould, and Black Friday, 1869 Overview
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