The death of the banker
Subtitle: the decline and fall of the great financial dynasties and the triumph of the small investor
By: by Ron Chernow.
Edition: 1st ed.
Publisher: Vintage Books
Published: 1997
Place of publication: New York
Language: eng
Number of pages: 130
ISBN-13: 9780375700378
Subjects: Morgan, J. Pierpont 1837-1913; Warburg family; Banks and banking -- United States -- History -- 20th century; Trust companies -- United States -- History -- 20th century; Finance, Personal -- United States; Bankers -- United States
Description: 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.
Notes: "A Vintage original."