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The House of Morgan: An American Banking Dynasty and the Rise of Modern Finance

The House of Morgan: An American Banking Dynasty and the Rise of Modern Finance

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Author: Ron Chernow
Publisher: Grove Press
Category: Book

List Price: $22.00
Buy Used: $6.94
You Save: $15.06 (68%)



New (23) Used (24) from $6.94

Avg. Customer Rating: 4.5 out of 5 stars 50 reviews
Sales Rank: 6465

Media: Paperback
Number Of Items: 1
Pages: 832
Shipping Weight (lbs): 2.5
Dimensions (in): 8.9 x 6 x 1.9

ISBN: 0802138292
Dewey Decimal Number: 332
EAN: 9780802138293
ASIN: 0802138292

Publication Date: September 20, 2001
Availability: Usually ships in 1-2 business days
Shipping: Expedited shipping available
Condition: shows heavy signs of use, ships fast!

Also Available In:

  • Paperback - The House of Morgan: An American Banking Dynasty and the Rise of Modern Finance
  • Hardcover - The House of Morgan: An American Banking Dynasty and the Rise of Modern Finance

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Editorial Reviews:

Product 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.



Customer Reviews:   Read 45 more reviews...

5 out of 5 stars The House of Morgan   July 13, 2008
Ron Chernow is one terrific writer. Hard to put down his books, including the biography of Alexander Hamilton and the House of Morgan.
His in depth research and writing ability are superb.



5 out of 5 stars Chernow's breadth of knowlege is breathtaking   April 26, 2008
"The House of Morgan" by Ron Chernow gives full reign to the author's access to never-before seen material and lively prose as he majestically takes the reader on a tale that spans two centuries and intersects global events. Despite being a historian without an insider's knowledge of Wall Street Chernow has sculpted a book that covers not only financial happenings but their political and social contexts. Chernow doesn't flinch as he discusses the larger-than-life John Pierpont Morgan Snr's controversial role in shaping early corporate America (not to mention his penchant for attacking hostile media with his cane), the House of Morgan's role in World War I and II and the movement of Morgan Stanley and its associates into the hostile takeover arena as the clubby world of investment banking gave way to the democritization of capital. The only question left is whether Mr. Chernow may continue the book from 1990 to the present as great changes in the Morgan House have been wrought such as Morgan Stanley's disastrous merger with Dean Witter and subsequent management upheavel as well as JP Morgan re-entering the investment banking game and the buying of Bear Stearns. In short - a classic and a must read especially for those looking to enter into the world of high finance and "do business in a first class way."


5 out of 5 stars Great Book if Specifically Interested in JPM   February 11, 2008
 1 out of 1 found this review helpful

This book took me a long time to read. I started the book and found the first half of the book regarding Pierpont Morgan's life, his family and the bank he built quite interesting. The book drags on with details at points throughout the last half of the book and focuses much of its time on Morgan Stanley, but the author's strong research and writing ability stays constant. The last several chapters were more interesting to me and dealt with the changing face of investment and commercial banking through the late 1970s and throughout the 1980s in contrast to the gentlemen's code of banking that dominated the banking dynasties for more than a century. It's almost a shame that this book was completed in 1989 and missed the growth of JPMorgan Chase as it consumed giants such as Chemical Bank (and Manufacturers Hanover) and eventually became JPMorgan Chase Bank. In the end, this is an amazing piece of work, for any one person to achieve.


5 out of 5 stars Got some time to kill....   February 6, 2008
This book is an excellent expose on how the Morgan bank has shaped the United States into what it is today. If you are curious as to how capitalism empowers individuals and allows them to build the economy, read this book.


5 out of 5 stars Morgan House   October 30, 2007
 0 out of 3 found this review helpful

I work for JPMorgan Funds and I have found some interest facts about how this financial institute all got started.


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