The Death of the Banker: The Decline and Fall of the Great Financial Dynasties and the Triumph of the Small Investor

The Death of the Banker: The Decline and Fall of the Great Financial Dynasties and the Triumph of the Small Investor

by Ron Chernow

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Overview

"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. "
--Kirkus Reviews

Product Details

ISBN-13: 9780375700378
Publisher: Knopf Doubleday Publishing Group
Publication date: 07/28/1997
Pages: 144
Sales rank: 329,192
Product dimensions: 5.20(w) x 8.00(h) x 0.34(d)

About the Author

Ron Chernow won the National Book Award in 1990 for his first book, The House of Morgan, and his second book, The Warburgs, won the Eccles Prize as the Best Business Book of 1993. His biography of John D. Rockefeller, Sr., Titan, was a national bestseller and a National Book Critics Circle Award finalist.

Audiobook veteran Michael Kramer has recorded more than two hundred audiobooks for trade publishers and many more for the Library of Congress Talking Books program. An AudioFile Earphones Award winner and an Audie Award nominee, he earned a Publishers Weekly Listen-Up Award for his reading of Savages by Don Winslow.

Hometown:

Brooklyn, NY

Date of Birth:

March 3, 1949

Place of Birth:

Brooklyn, NY

Education:

Yale University; Cambridge University

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