Graduation Year

Spring 2012

Document Type

Campus Only Senior Thesis

Degree Name

Bachelor of Arts

Department

Economics

Reader 1

George Batta

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Terms of Use for work posted in Scholarship@Claremont.

Rights Information

© 2012 Cameron J. Cain

Abstract

Through-out the history of the United States, there have been many bank panics starting with the first one in 1819. I use important data from bank panics which happened prior to 1934 to shed light on the most recent Panic of 2007. This data analysis will not only be important to explain the Panic of 2007, but will be essential to help provide insights to what can be done to remedy the situation. Even in 2012, the United States is still feeling the impact of what happened in 2007. Therefore by understanding history and analyzing the past, solutions to prevent future panics can be implemented.

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