Download or read book J P Morgan s Way written by New Word City and published by Pearson Education. This book was released on 2010-03-02 with total page 23 pages. Available in PDF, EPUB and Kindle. Book excerpt: There is no arguing J.P. Morgan’s monumental influence. As both the guardian of America’s financial sturdiness and a well-appointed exploiter of the system’s regulatory shortcomings, Morgan’s actions raised questions that still resonate: What does it mean for Wall Street to be out of control? How best can government and business collaborate when it comes to buttressing a fragile economy? Should financial interests be allowed to profit from government bailouts? By delving into Morgan’s attitudes and way of thinking, we can begin to understand the motivations and limitations of modern-day financial giants like Goldman Sachs, JPMorgan Chase, and even Warren Buffett. These are lessons that none of us can afford to ignore. It would be a mistake to think of John Pierpont Morgan as the Ben Bernanke of his day. In truth, Morgan was more powerful than any Federal Reserve chairman, serving as a one-man central bank long before that institution’s birth in 1913. And although the financier died that year at age 75, he was indirectly responsible for the Fed’s creation. J.P. Morgan’s display of so much clout in the late nineteenth and early twentieth century stoked the nation’s inherent fear of concentrated wealth. It was a mixture of that fear and the recognition that the only man suitable for the role of central banker had lately departed this earth that ultimately led to the establishment of the Federal Reserve System. Henceforth, the government, not Morgan, would regulate the supply of money and credit, ensure the safety and soundness of the system, and step in to defuse financial panics. New Word City, publishers of digital originals, contributes 10 percent of its profits to literacy causes.
Download or read book Morgan written by Jean Strouse and published by Random House Trade Paperbacks. This book was released on 2014-09-09 with total page 850 pages. Available in PDF, EPUB and Kindle. Book excerpt: NATIONAL BESTSELLER The definitive full-scale portrait of J. Pierpont Morgan’s tumultuous life, both in and out of the public eye History has remembered him as a complex and contradictory figure, part robber baron and part patron saint. J. Pierpont Morgan earned his reputation as “the Napoleon of Wall Street” by reorganizing the nation’s railroads and creating industrial giants such as General Electric and U.S. Steel. At a time when the country had no Federal Reserve system, he appointed himself a one-man central bank. He had two wives, three yachts, four children, six houses, mistresses, and one of the finest art collections in America. In this extraordinary book, drawing extensively on new material, award-winning biographer Jean Strouse vividly portrays the financial colossus, the avid patron of the arts, and the entirely human character behind all the myths. Praise for Morgan “Magnificent . . . the fullest and most revealing look at this remarkable, complex man that we are likely to get.”—The Wall Street Journal “A masterpiece . . . No one else has told the tale of Pierpont Morgan in the detail, depth, and understanding of Jean Strouse.”—Robert Heilbroner, Los Angeles Times Book Review “It is hard to imagine a biographer coming any closer to perfection.”—St. Louis Post-Dispatch “Strouse is in full command of Pierpont Morgan’s personal life, his financial operations, his collecting, and his benefactions, and presents a rich, vivid picture of the background against which they took place. . . . A magnificent biography.”—The New York Review of Books “With uncommon intelligence, maturity, and psychological insight, Morgan: American Financier is that rare masterpiece biography that enables us to penetrate the soul of a complex human being.”—The Philadelphia Inquirer
Download or read book The Personal Librarian written by Marie Benedict and published by Penguin. This book was released on 2021-06-29 with total page 354 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Instant New York Times Bestseller! A Good Morning America* Book Club Pick! Named a Best Book of the Year by NPR! Named a Notable Book of the Year by the Washington Post! “Historical fiction at its best!”* A remarkable novel about J. P. Morgan’s personal librarian, Belle da Costa Greene, the Black American woman who was forced to hide her true identity and pass as white in order to leave a lasting legacy that enriched our nation, from New York Times bestselling authors Marie Benedict and Victoria Christopher Murray. In her twenties, Belle da Costa Greene is hired by J. P. Morgan to curate a collection of rare manuscripts, books, and artwork for his newly built Pierpont Morgan Library. Belle becomes a fixture in New York City society and one of the most powerful people in the art and book world, known for her impeccable taste and shrewd negotiating for critical works as she helps create a world-class collection. But Belle has a secret, one she must protect at all costs. She was born not Belle da Costa Greene but Belle Marion Greener. She is the daughter of Richard Greener, the first Black graduate of Harvard and a well-known advocate for equality. Belle’s complexion isn’t dark because of her alleged Portuguese heritage that lets her pass as white—her complexion is dark because she is African American. The Personal Librarian tells the story of an extraordinary woman, famous for her intellect, style, and wit, and shares the lengths she must go to—for the protection of her family and her legacy—to preserve her carefully crafted white identity in the racist world in which she lives.
Download or read book J P Morgan s Way written by and published by . This book was released on 2010 with total page 19 pages. Available in PDF, EPUB and Kindle. Book excerpt: "There is no arguing J.P. Morgan's monumental influence. As both the guardian of America's financial sturdiness and a well-appointed exploiter of the system's regulatory shortcomings, Morgan's actions raised questions that still resonate: What does it mean for Wall Street to be out of control? How best can government and business collaborate when it comes to buttressing a fragile economy? Should financial interests be allowed to profit from government bailouts? By delving into Morgan's attitudes and way of thinking, we can begin to understand the motivations and limitations of modern-day financial giants like Goldman Sachs, JPMorgan Chase, and even Warren Buffett"--Resource description page.
Download or read book Last Man Standing written by Duff McDonald and published by Simon and Schuster. This book was released on 2009-10-06 with total page 352 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the midst of the most disastrous economic climate of Wall Street’s history, one executive has weathered the storm more deftly than any other: Jamie Dimon, chairman and CEO of JPMorgan Chase. In 2008, while Dimon’s competitors watched their companies crumble, JPMorgan not only survived, it made an astonishing $5 billion profit. Dimon’s continued triumph in the face of an industry-wide meltdown has made him a paragon of finance. In Last Man Standing, award-winning journalist Duff McDonald provides an unprecedented and deeply personal look at the extraordinary figure behind JPMorgan’s success. Using countless hours of interviews with Dimon and his full circle of friends, family, and colleagues, this definitive biography is by far the most comprehensive portrait of the man known as the Savior of Wall Street. Now, in an updated prologue, McDonald offers insight into the future of Wall Street and how Dimon will overcome the challenge of aggressive new regulation from Washington—and how he plans to continue to thrive as the world’s preeminent banker.
Download or read book The Morgans written by Vincent P. Carosso and published by Harvard University Press. This book was released on 1987 with total page 940 pages. Available in PDF, EPUB and Kindle. Book excerpt: The House of Morgan personified economic power in the late 19th/early 20th centuries. Carosso constructs an in-depth account of the evolution, operations, and management of the Morgan banks at London, New York, Philadelphia, and Paris, from the time Junius Spencer Morgan left Boston for London to the death of his son, John Pierpont Morgan.
Download or read book The Hour of Fate written by Susan Berfield and published by Bloomsbury Publishing USA. This book was released on 2020-05-05 with total page 417 pages. Available in PDF, EPUB and Kindle. Book excerpt: A riveting narrative of Wall Street buccaneering, political intrigue, and two of American history's most colossal characters, struggling for mastery in an era of social upheaval and rampant inequality. It seemed like no force in the world could slow J. P. Morgan's drive to power. In the summer of 1901, the financier was assembling his next mega-deal: Northern Securities, an enterprise that would affirm his dominance in America's most important industry-the railroads. Then, a bullet from an anarchist's gun put an end to the business-friendly presidency of William McKinley. A new chief executive bounded into office: Theodore Roosevelt. He was convinced that as big business got bigger, the government had to check the influence of the wealthiest or the country would inch ever closer to collapse. By March 1902, battle lines were drawn: the government sued Northern Securities for antitrust violations. But as the case ramped up, the coal miners' union went on strike and the anthracite pits that fueled Morgan's trains and heated the homes of Roosevelt's citizens went silent. With millions of dollars on the line, winter bearing down, and revolution in the air, it was a crisis that neither man alone could solve. Richly detailed and propulsively told, The Hour of Fate is the gripping story of a banker and a president thrown together in the crucible of national emergency even as they fought in court. The outcome of the strike and the case would change the course of our history. Today, as the country again asks whether saving democracy means taming capital, the lessons of Roosevelt and Morgan's time are more urgent than ever. Winner of the 2021 Theodore Roosevelt Association Book Prize Finalist for the Presidential Leadership Book Award
Download or read book J P Morgan and the Transportation Kings written by Steven H. Gittelman and published by University Press of America. This book was released on 2012-03-23 with total page 385 pages. Available in PDF, EPUB and Kindle. Book excerpt: The concept was simple, to link American railroads and global dominance of the seas with a railroad line through China and Russia, enter the back door of Europe, and create new royalty: the Transportation Kings. Vanderbilt, Hill, Morgan, and Harriman all pursued the grand dream. They were America’s industrial princes, poised for their greatest accomplishments, only to find that they had not considered the gauntlet awaiting them in the courts of kings and Kaisers, parliaments and congress. They awoke John Bull and helped precipitate revolution in China. They brought about the building of Lusitania and, in reaction, they owned and built the Titanic. We all know how the disaster story ends; this is how the story came about.
Download or read book Business Biographies and Memoirs Titans of Industry written by J. R. MacGregor and published by Cac Publishing LLC. This book was released on 2019-06-24 with total page 936 pages. Available in PDF, EPUB and Kindle. Book excerpt: The five 'Titans of Industry' discussed in this series are, without a doubt, the most influential and impactful men in American history. Without any one of them, the entire landscape of the US would be different. They are the founders of the American economy. We live in a world today that is based on the actions of John D. Rockefeller. Everything we do and how we live are the result of oil and its power. J.P. Morgan is more than just the name on one of the largest banks in America; He built the financial world we live in today. Henry Ford not only revolutionized the automobile industry, but the assembly line he created has changed the way the entire world thinks about manufacturing. Grab a copy, pull up a chair, pour your favorite reading beverage, and dive into the lives of the men who built America.
Download or read book J P Morgan The Life and Deals of America s Banker written by Jr MacGregor and published by Cac Publishing LLC. This book was released on 2019-05-14 with total page 224 pages. Available in PDF, EPUB and Kindle. Book excerpt: J.P. Morgan is more than just the name on one of the largest banks in America. He altered the course of American finance and was the chief financier for the strategic interests of the titans of the day, like Rockefeller. He financed new and ingenious technologies developed by Thomas Edison and was a visionary who saw the potential in Nikola Tesla.
Download or read book The House of Morgan written by Ron Chernow and published by Grove/Atlantic, Inc.. This book was released on 2010-03-16 with total page 847 pages. Available in PDF, EPUB and Kindle. Book excerpt: The National Book Award–winning history of American finance by the renowned biographer and author of Hamilton: “A tour de force” (New York Times Book Review). The House of Morgan is a panoramic story of four generations in the powerful Morgan family and their secretive firms 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, 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 moved—a world that included Charles Lindbergh, Henry Ford, Franklin Roosevelt, Nancy Astor, and Winston Churchill. A masterpiece of financial history—it 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 Century—The House of Morgan is a compelling account of a remarkable institution and the men who ran it. It is essential reading for anyone seeking to understand the money and power behind the major historical events of the last 150 years.
Download or read book Fool s Gold written by Gillian Tett and published by Simon and Schuster. This book was released on 2009-05-12 with total page 304 pages. Available in PDF, EPUB and Kindle. Book excerpt: From award-winning Financial Times journalist Gillian Tett, who enraged Wall Street leaders with her news-breaking warnings of a crisis more than a year ahead of the curve, Fool’s Gold tells the astonishing unknown story at the heart of the 2008 meltdown. Drawing on exclusive access to J.P. Morgan CEO Jamie Dimon and a tightly bonded team of bankers known on Wall Street as the “Morgan Mafia,” as well as in-depth interviews with dozens of other key players, including Treasury Secretary Timothy Geithner, Tett brings to life in gripping detail how the Morgan team’s bold ideas for a whole new kind of financial alchemy helped to ignite a revolution in banking, and how that revolution escalated wildly out of control. The deeply reported and lively narrative takes readers behind the scenes, to the inner sanctums of elite finance and to the secretive reaches of what came to be known as the “shadow banking” world. The story begins with the intense Morgan brainstorming session in 1994 beside a pool in Boca Raton, where the team cooked up a dazzling new idea for the exotic financial product known as credit derivatives. That idea would rip around the banking world, catapult Morgan to the top of the turbocharged derivatives trade, and fuel an extraordinary banking boom that seemed to have unleashed banks from ages-old constraints of risk. But when the Morgan team’s derivatives dream collided with the housing boom, and was perverted—through hubris, delusion, and sheer greed—by titans of banking that included Citigroup, UBS, Deutsche Bank, and the thundering herd at Merrill Lynch—even as J.P. Morgan itself stayed well away from the risky concoctions others were peddling—catastrophe followed. Tett’s access to Dimon and the J.P. Morgan leaders who so skillfully steered their bank away from the wild excesses of others sheds invaluable light not only on the untold story of how they engineered their bank’s escape from carnage but also on how possible it was for the larger banking world, regulators, and rating agencies to have spotted, and heeded, the terrible risks of a meltdown. A tale of blistering brilliance and willfully blind ambition, Fool’s Gold is both a rare journey deep inside the arcane and wildly competitive world of high finance and a vital contribution to understanding how the worst economic crisis since the Great Depression was perpetrated.
Download or read book The Bloomberg Way written by Matthew Winkler and published by John Wiley & Sons. This book was released on 2011-10-13 with total page 337 pages. Available in PDF, EPUB and Kindle. Book excerpt: The definitive guide to reporting and editing the story of money Financial reporting is more important than ever as people grow increasingly aware of how their lives are affected by Wall Street and the federal government. Bloomberg News has earned the respect of journalists and readers around the world for its fast, in-depth and accurate stories. The Bloomberg Way, an internal manual compiled over two decades, reflects the new realities of journalism, in which speed is paramount, the impact of news is instantaneous, and the lines between objectivity and opinion are increasingly blurred. The Bloomberg Way is the most thorough and comprehensive guide to reporting and editing the story of money. This indispensable text for both journalism professionals and students outlines the central principles of Bloomberg News, explaining how to write compelling stories while maintaining standards of accuracy, honesty and ethics. The five F's of reporting: Factual, First, Fastest, Final and Future Word The essentials of writing an enticing lead and organizing story lines when preparing for breaking news on anything from an earnings release to a market crash Ways to keep opinion and speculation out of your writing The Bloomberg Way stylebook is the most important writer's resource of one of the largest news organizations in the world. It informs as it instructs, from how to conduct effective interviews to analyzing financial reports to the imperative for accuracy and integrity in gathering and publishing news.
Download or read book Judicial Decisions written by United States. Securities and Exchange Commission and published by . This book was released on 1941 with total page 1048 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book An Unlikely Trust written by Gerard Helferich and published by Rowman & Littlefield. This book was released on 2018-01-01 with total page 289 pages. Available in PDF, EPUB and Kindle. Book excerpt: At the dawn of the twentieth century, Theodore Roosevelt and J. Pierpont Morgan were the two most powerful men in America, perhaps the world. As the nation’s preeminent financier, Morgan presided over an elemental shift in American business, away from family-owned companies and toward modern corporations of unparalleled size and influence. As president, Theodore Roosevelt expanded the power of that office to an unprecedented degree, seeking to rein in those corporations and to rebalance their interests with those of workers, consumers, and society at large. Overpowering figures and titanic personalities, Roosevelt and Morgan could easily have become sworn enemies. And when they have been considered together (never before at book length), they have generally been portrayed as battling colossi, the great trust builder versus the original trustbuster. But their long association was far more complex than that, and even mutually beneficial. Despite their many differences in temperament and philosophy, Roosevelt and Morgan had much in common—social class, an unstinting Victorian moralism, a drive for power, a need for order, and a genuine (though not purely altruistic) concern for the welfare of the nation. Working this common ground, the premier progressive and the quintessential capitalist were able to accomplish what neither could have achieved alone—including, more than once, averting national disaster. In the process they also changed forever the way that government and business worked together. An Unlikely Trust is the story of the uneasy but fruitful collaboration between Theodore Roosevelt and Pierpont Morgan. It is also the story of how government and business evolved from a relationship of laissez-faire to the active regulation that we know today. And it is an account of how, despite all that has changed in America over the past century, so much remains the same, including the growing divide between rich and poor; the tangled bonds uniting politicians and business leaders; and the pervasive feeling that government is working for the special interests rather than for the people. Not least of all, it is the story of how citizens with vastly disparate outlooks and interests managed to come together for the good of their common country.
Download or read book J P Morgan Co and the Crisis of Capitalism written by Martin Horn and published by Cambridge University Press. This book was released on 2022-03-03 with total page 407 pages. Available in PDF, EPUB and Kindle. Book excerpt: Examines how J.P. Morgan, then the world's leading bank, responded to the greatest crisis in the history of financial capitalism.
Download or read book Planning War Pursuing Peace written by Paul A. C. Koistinen and published by University Press of Kansas. This book was released on 1998-06-19 with total page 452 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the years following World War I, America's armed services, industry, and government took lessons from that conflict to enhance the country's ability to mobilize for war. Paul Koistinen examines how today's military-industrial state emerged during that period-a time when the army and navy embraced their increasing reliance on industry, and business accelerated its efforts to prepare the country for future wars. Planning War, Pursuing Peace is the third of an extraordinary five-volume study on the political economy of American warfare. It differs from preceding volumes by examining the planning and investigation of war mobilization rather than the actual harnessing of the economy for hostilities; and it is also the first book to treat all phases of the political economy of wartime during those crucial interwar years. Koistinen first describes and analyzes the War and Navy Departments' procurement and economic mobilization planning-never before examined in its entirety-and conveys the enormity of the task faced by the military in establishing ties with many sectors of the economy. He tells how the War Department created commodity committees to carry on the work of World War I's War Industries Board, and how both military and industrial powers strove to protect their mutual interests against those seeking to avoid war and to reform society. Koistinen then describes the American public's struggle to come to terms with modern warfare through the in-depth explorations of the work of the House Select Committee on Expenditures in the War Department, the War Policies Commission, and the Senate Special Committee Investigating the Munitions Industry. He tells how these investigations alarmed pacifists, isolationists, and neo-Jeffersonians, and how they led Senator Gerald Nye and others to warn against the creation of "unhealthy alliances" between the armed services and industry. Planning War, Pursuing Peace clearly shows how the U.S. economy was both directly and indirectly planned based on knowledge gained from World War I. By revealing vital and previously unexplored links between America's World Wars, it further illuminates the political economy of twentieth-century warfare as a complex and continually evolving process.
