Editorial Reviews

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. --This text refers to an out of print or unavailable edition of this title.

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. --This text refers to an out of print or unavailable edition of this title.

Book Description

The winner of the National Book Award and now considered a classic, The House of Morgan is the most ambitious history ever written about an American banking dynasty. Acclaimed by The Wall Street Journal as "brilliantly researched and written," the book tells the rich, panoramic story of four generations of Morgans and the powerful, secretive firms they spawned. It is the definitive account of the rise of the modern financial world. A gripping history of banking and the booms and busts that shaped the world on both sides of the Atlantic, The House of Morgan traces the trajectory of the J. P. Morgan empire from its obscure beginnings in Victorian London to the crash of 1987. Ron Chernow paints a fascinating portrait of the private saga of the Morgans and the rarefied world of the American and British elite in which they moved. Based on extensive interviews and access to the family and business archives, The House of Morgan is an investigative masterpiece, a compelling account of a remarkable institution and the men who ran it, and an essential book for understanding the money and power behind the major historical events of the last 150 years.

Book Info

The most ambitious history ever written about an American banking dynasty. Tells the rich, panoramic story of four generations of Morgans and the powerful, secretive firms they spawned. A definitive account of the rise of the modern financial world. Softcover.