The Death of the Banker

“For anyone interested in the world behind the business-page headlines, this is the book to read.” –Publishers Weekly

With
the same breadth of vision and narrative élan he brought to his
monumental biographies of the great financiers, Ron Chernow examines
the forces that made dynasties like the Morgans, the Warburgs, and the
Rothschilds the financial arbiters of the early twentieth century and
then rendered them virtually obsolete by the century’s end.

As
he traces the shifting balance of power among investors, borrowers, and
bankers, Chernow evokes both the grand theater of capital and the
personal dramas of its most fascinating protagonists. Here is Siegmund
Warburg, who dropped a client in the heat of a takeover deal because
the man wore monogrammed shirt cuffs, as well as the imperious J. P.
Morgan, who, when faced with a federal antitrust suit, admonished
Theodore Roosevelt to “send your man to my man and they can fix it
up.” And here are the men who usurped their power, from the go-getters
of the 1920s to the masters of the universe of the 1980s. Glittering
with perception and anecdote, The Death of the Banker is at once a
panorama of twentieth-century finance and a guide to the new era of
giant mutual funds on Wall Street.

“Chernow . . . delivers a
sound, accessible account of the forces shaping capital, credit,
currency, and securities markets on the eve of a new millennium. “

Forex Banking And Trading - The Death of the Banker: The Decline and Fall of the Great Financial Dynasties and the Triumph of the Small Investor (Vintage)

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