The House of Morgan: An American Banking Dynasty and the Rise of Modern Finance
| Author | : | |
| Rating | : | 4.30 (782 Votes) |
| Asin | : | B00I3P36ZU |
| Format Type | : | |
| Number of Pages | : | 290 Pages |
| Publish Date | : | 2018-01-22 |
| Language | : | English |
DESCRIPTION:
"Call all loans" 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 contin. Will Szal said Sprawling yet Riveting Financial History. 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 thi. Very good history, but flawed because it's too long and not tightly edited 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
P.Morgan empire from its obscure beginnings in Victorian London to the crash of 1987. Based on extensive interviews and access to the family and business archives, The House of Morgan is an investigative masterpiece, 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.. Ron Chernow paints a fascinating portrait of the private saga of the Morgans and the rarefied world of the American and British elite in which they moved. It is the definitive account of the rise of the modern financial world. Wi