Federal Reserve Bank of Boston: Crash of 1907 [Pdf]

A very interesting look at the Panic of 1907, the crash of stocks, the lack of faith in banks by depositors, especially in New York and Boston, and the rescue of the banks by J.P. Morgan. Calling on news reports of the time, this pdf file from the Federal Reserve Bank of Boston gives an easy-to-follow explanation of what happened. Included is a chronology of the crash, and a look at daily life in the Northeast while all these financial problems were working themselves out.