The Money Men
Author | : H. W. Brands |
Publisher | : W. W. Norton & Company |
Total Pages | : 256 |
Release | : 2006 |
ISBN-10 | : 0393061841 |
ISBN-13 | : 9780393061840 |
Rating | : 4/5 (840 Downloads) |
Download or read book The Money Men written by H. W. Brands and published by W. W. Norton & Company. This book was released on 2006 with total page 256 pages. Available in PDF, EPUB and Kindle. Book excerpt: Most Americans are familiar with the political history of the United States, but there is another history woven all through it, a largely forgotten history—the story of the money men. Acclaimed historian H. W. Brands brings them back to life: J. P. Morgan, who stabilized a foundering U.S. Treasury in 1907; Alexander Hamilton, who founded the first national bank, and Nicholas Biddle, under whose directorship it failed; Jay Cooke, who helped to finance the Union war effort through his then-innovative strategy of selling bonds to ordinary Americans; and Jay Gould, who tried to corner the market on gold in 1869 and as a result brought about Black Friday and fled for his life.