Charles e mitchell biography
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Charles E. Mitchell
American banker (1877–1955)
Charles Edwin Mitchell (October 6, 1877 – December 14, 1955) was an American banker whose incautious securities policies facilitated the speculation which led to the Crash of 1929.
First National City Bank's (now Citibank) controversial activities under his leadership were a major contributing factor in the passage of the Glass-Steagall Act.
Early life and education
Mitchell was born in Chelsea, Massachusetts to a Jewish family, where his father, George Edwin Mitchell, worked for a produce dealer and served as mayor from 1887 until 1888.
Charles e mitchell biography
Mitchell graduated from Amherst College in 1899, after which he got a job with the Western Electric Company in Chicago.[citation needed]
Career
In 1903, he became assistant to its president.
After three years, he left the firm and moved to New York City, where he became assistant to the president of The Trust Company of America. Between 1911 and 1916, he ran his own investmen