Gentlemen bankers : the world of J. P. Morgan / Susie Pak.

Format:

Book

Author/Creator:

Pak, Susie.

Series:

Harvard Studies in Business History

Harvard Studies in Business History ; 51

Language:

English

Subjects (All):

Morgan, J. Pierpont (John Pierpont), 1837-1913.

Morgan, J. Pierpont.

J.P. Morgan & Co--History.

J.P. Morgan & Co.

Bankers--United States--Biography.

Bankers.

Banks and banking--United States--History.

Banks and banking.

Physical Description:

1 online resource (344 p.)

Edition:

1st ed.

Place of Publication:

Cambridge, Mass. : Harvard University Press, 2013.

Language Note:

English

Summary:

Gentlemen Bankers investigates the social and economic circles of one of America's most renowned and influential financiers to uncover how the Morgan family's power and prestige stemmed from its unique position within a network of local and international relationships. At the turn of the twentieth century, private banking was a personal enterprise in which business relationships were a statement of identity and reputation. In an era when ethnic and religious differences were pronounced and anti-Semitism was prevalent, Anglo-American and German-Jewish elite bankers lived in their respective cordoned communities, seldom interacting with one another outside the business realm. Ironically, the tacit agreement to maintain separate social spheres made it easier to cooperate in purely financial matters on Wall Street. But as Susie Pak demonstrates, the Morgans' exceptional relationship with the German-Jewish investment bank Kuhn, Loeb & Co., their strongest competitor and also an important collaborator, was entangled in ways that went far beyond the pursuit of mutual profitability. Delving into the archives of many Morgan partners and legacies, Gentlemen Bankers draws on never-before published letters and testimony to tell a closely focused story of how economic and political interests intersected with personal rivalries and friendships among the Wall Street aristocracy during the first half of the twentieth century.

Contents:

Front matter

Contents

INTRODUCTION

CHAPTER ONE: Gentlemen Banking Before 1914

CHAPTER TWO: The Social World of Private Bankers

CHAPTER THREE: Anti-Semitism in Economic Networks

CHAPTER FOUR: Disrupting the Balance: The Great War

CHAPTER FIVE: The Significance of Social Ties: Harvard

CHAPTER SIX: Complex International Alliances: Japan

CHAPTER SEVEN: The End of Private Banking at the Morgans

CONCLUSION: Writing the History of Networks

Notes

Acknowledgments

Index

Notes:

Description based upon print version of record.

Includes bibliographical references and index.

ISBN:

0-674-07557-9

OCLC:

843880785