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The House of Morgan: An American Banking Dynasty and the Rise of Modern Finance, by Ron Chernow
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A candid history of the American banking dynasty spans four generations and chronicles both the evolution of modern finance and the glamorous social strata of the times.
- Sales Rank: #182114 in Books
- Brand: Brand: Atlantic Monthly Pr
- Published on: 1990-02
- Ingredients: Example Ingredients
- Original language: English
- Number of items: 1
- Dimensions: 9.30" h x 6.30" w x 2.50" l,
- Binding: Hardcover
- 812 pages
- Used Book in Good Condition
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 National Book Award winner. "Packed with revelations, Chernow's mammoth history demystifies the inner workings of the secretive Morgan banking empire," PW said . Photos . Author tour.
Copyright 1991 Reed Business Information, Inc.
From Library Journal
Chernow vividly portrays the influence that the Morgan banks have had on the history of the Western economy since the late 18th century. The epic story of the development of the American industrial experience is inextricably related to the history of the Morgan banks. Though this fascinating story is virtually the same as that told by Kathleen Bunk in Morgan Grenfell 1838-1988 ( LJ 12/89), Chernow adds color and personality with an emphasis on the 20th-century development of the bank. Working with recently discovered Morgan archives, he reveals institutional details long hidden by the protective secrecy of the family. This superb history will be an important book. BOMC, Fortune, and History Book Club featured alternates. --Joseph Barth, U.S. Military Acad. Lib., West Point, N.Y.
Copyright 1990 Reed Business Information, Inc.
Review
''As a portrait of finance, politics and the world of avarice and ambition on Wall Street, the book has the movement and tension of an epic novel. It is, quite simply, a tour de force.'' --—New York Times Book Review
''“As informative and entertaining a history, especially of the period from 1880 to 1930, as this reviewer has ever read . . . Nowhere has our tenuous financial system been better described than by Chernow.'' --Los Angeles Times Book Review
“ ''“An astonishingly detailed and fascinating story of the Morgan banks and the men who have run them. Chernow uses his gift for description to bring out vividly the personalities of his principals.'' --San Francisco Chronicle
“''Epic . . . Chernow melds deep insights into the life and times of Morgan bankers over 150 years with the flow of world history and the growth of banking and finance. With rich detail and warmth, he brings to life the defunct species of gentleman banker.'' --Chicago Tribune
''Chernow deftly mixes biography with economics and explicates arcane matters of high finance with sparkling clarity. . . . A fascinating historical journey from Charles Dickens' London to Tom Wolfe's New York.'' --Atlantic Monthly
''Packed with revelations, Chernow's mammoth history demystifies the inner workings of the secretive Morgan banking empire.'' --Publishers Weekly
''Chernow vividly portrays the influence that the Morgan banks have had on the history of the Western economy since the late eighteenth century . . . Superb history.'' --Library Journal (starred review)
''To a potentially dry and certainly difficult subject -- the influence of high finance on modern life -- Chernow brings a lively style and the endurance of a trouper.'' --Wall Street Journal
''A panoramic and well-researched look at the most powerful family of banks in America over the last century . . . Chernow has a supple, refined style.'' --Washington Post Book World
''A brilliant, generation-spanning history of the Morgan banking empire, which offers a wealth of social and political as well as economic perspectives.'' --Kirkus Reviews (starred review)
''Packed with revelations, Chernow's mammoth history demystifies the inner workings of the secretive Morgan banking empire.'' --Publishers Weekly
''Chernow vividly portrays the influence that the Morgan banks have had on the history of the Western economy since the late eighteenth century . . . Superb history.'' --Library Journal (starred review)
''To a potentially dry and certainly difficult subject -- the influence of high finance on modern life -- Chernow brings a lively style and the endurance of a trouper.'' --Wall Street Journal
''A panoramic and well-researched look at the most powerful family of banks in America over the last century . . . Chernow has a supple, refined style.'' --Washington Post Book World
''A brilliant, generation-spanning history of the Morgan banking empire, which offers a wealth of social and political as well as economic perspectives.'' --Kirkus Reviews (starred review)
Most helpful customer reviews
11 of 11 people found the following review helpful.
Eighty-three-year-old fudge
By Harry Cohen
I'm reading "The House of Morgan" on my Kindle. It's a great book (so I am giving the book itself five stars) but the Kindle production quality is terrible. The Kindle edition is shot through with typos. It looks like it was never proof-read. I don't know the technology used to convert the book to Kindle but it doesn't work very well. It frequently has problems with the letter "j". Many times in the book, Jack Morgan is referred to as "lack Morgan". The last straw, however, was a reference to "eightly-three-year-old fudge Ferdinand Pecora". If Amazon can't afford proof-readers for its Kindle editions, they might consider making books available free to a few readers with the understanding that they will report any typos they find.
1 of 1 people found the following review helpful.
love the book so far
By James Cordova
I am more than half way done, love the book so far. I would have really liked to see the author discuss the banks ties to the Zodiac club in more detail, the connection with Skull and Bones was just barely touched- many readers will not even notice this and not really know what this club is. The relationship with Rothchild's was something I believed was much closer since they were at Jykll Island planning the Federal Reserve- J.P. Morgan and Paul Warburg. But in the book we are told J.P. Does not work with Jews and does not want anything to with the Rothchild Bank. It does not mesh in my mind. Maybe the author is correct, maybe J.P. Morgan wants to throw us off his track?
4 of 4 people found the following review helpful.
Very good history, but flawed because it's too long and not tightly edited
By 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. 300 pages could have been shaved from the book which would have made it stronger and probably more widely read, as well.
I've not read anything else by Ron Chernow, so I was not sure what to expect. If this is typical, I probably won't read anything else by him, either. Though I doubt he'd be very upset about that. =8-)
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