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The House of Morgan: An American Banking Dynasty and the Rise of Modern Finance

Ron Chernow




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 | #51273 in eBooks |  2010-03-16 |  2010-01-19 | File type: PDF

||2 of 2 people found the following review helpful.| "Call all loans"|By 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 wo|From Publishers Weekly|J. P. 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 Nationa

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. 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. P. Morgan’s empire from its obscure beginnings in Victorian London to the financial crisis of 1987, ...

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