The House of Morgan: An American Banking Dynasty and the Rise of Modern Finance
| Author | : | |
| Rating | : | 4.39 (537 Votes) |
| Asin | : | 0802144659 |
| Format Type | : | paperback |
| Number of Pages | : | 848 Pages |
| Publish Date | : | 2016-05-14 |
| Language | : | English |
DESCRIPTION:
Morgan’s empire from its obscure beginnings in Victorian London to the financial crisis of 1987, acclaimed author Ron Chernow paints a fascinating portrait of the family’s private saga and the rarefied world of the American and British elite in which they moveda world that included Charles Lindbergh, Henry Ford, Franklin Roosevelt, Nancy Astor, and Winston Churchill. P. Published to critical acclaim twenty years ago, and now considered a classic, The House of Morgan is the most ambitious history ever written about American finance. A masterpiece of financial historyit was awarded the 1990 National Book Award for Nonfiction and selected by the Modern Library as one of the 100 Best Nonfiction Books of the Twentieth CenturyThe House of Morgan is a compelling account of a remarkable institution and the men who ran it, and an essential book for understanding the money and power behind the major historical events of the last 150 years.. It is a rich, panoramic story of four generations of Morgans and the powerful, secretive firms they spawned, ones that would transform the modern financial world. Tracing the trajectory of J
"Call all loans" shazam That was the word from John Pierpont Morgan in the summer of 1873 prior to the panic of 1873 caused by the failure of Jay Cooke.Would they have continued to earn 6% through this panic?Doubtful.It is important that I put aside any personal differences with this gentleman in considering that we will probably never see somebody like this ever again in world business history.He spawned something that continues in some form to this very day. The reasons are as simple as such business is complex.Eve. Sprawling yet Riveting Financial History Will Szal I find financial histories riveting. At first glance, I found the mammoth size of this book a bit of a deterrent, but this was not at all the case once I got into it."The House of Morgan" is much more than the story of a banking house—it's the story of finance, the United States, and the world, over the past 150 years.I can't hope to summarize a book of such monumental scope over the course of this review, so instead I'll offer some snapshots.Did you know that the bankers of yore worked . "Very good history, but flawed because it's too long and not tightly edited" according to Don DeLauder. I enjoyed the history that escapes from the endless minutiae. I'm continually surprised by how much I don't know about the 1850s to the 1920s in the US, so that was a nice aspect of the book. However, the level of detail is crushing in many cases. Moreover, elements that have been explained once before are often explained again (and sometimes yet again). I think that Mr. Chernow could have used stronger editor. Very good history, but flawed because it's too long and not tightly edited I enjoyed the history that escapes from the endless minutiae. I'm continually surprised by how much I don't know about the 1850s to the 1920s in the US, so that was a nice aspect of the book. However, the level of detail is crushing in many cases. Moreover, elements that have been explained once before are often explained again (and sometimes yet again). I think that Mr. Chernow could have used stronger editor. 300 pages could have been shaved from the book which would have made it stronger an. 00 pages could have been shaved from the book which would have made it stronger an
"Packed with revelations, Chernow's mammoth history demystifies the inner workings of the secretive Morgan banking empire," PW said . Copyright 1991 Reed Business Information, Inc. P. . Photos . Morgan Sr.'s close relationship with Teddy Roosevelt; his son Jack Morgan's clientele of governments, finance ministers and central banks; and the Morgan realm's split under New Deal legislation are examined in detail in this National Book Award winner. From Publishers Weekly J. Author tour