| The Warburgs: The Twentieth-Century Odyssey of a Remarkable Jewish Family |  | Author: Ron Chernow
Publisher: Topeka Bindery
Category: Book
Buy New: $24.42
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Avg. Customer Rating:  13 reviews
Number Of Items: 1
ISBN: 1417718811
EAN: 9781417718818
ASIN: 1417718811
Publication Date: August 1994
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Amazon.com Review
All three of Ron Chernow's books are lengthy and solidly researched, but his background as a journalist shows in his ability here to convey complex material in terms of vivid characters and a well-defined theme. As in his National Book Award-winning business history (The House of Morgan) and his comprehensive biography of John D. Rockefeller (Titan), in The Warburgs Chernow employs marvelously detailed material to trace a single overarching story: the riveting and ultimately tragic odyssey of German Jews. The Warburgs were Hamburg's preeminent banking family from the 18th century until Hitler's Third Reich forced them to hand over their business to Aryans in 1938. But they also boasted among their family members a celebrated art historian (Aby Warburg), a Nobel Prize-winning scientist (Otto Warburg), and the financial angel of the New York City Ballet (Edward Warburg). Two of the "Famous Five" brothers married American women at the turn of the 20th century and became honored members of the Wall Street establishment, so Chernow's lively narrative imparts important U.S. social and economic history as well. But don't let all those fancy credentials intimidate you: The Warburgs features enough flamboyant personalities and high-class gossip to make this as entertaining a read as the latest issue of People magazine. --Wendy Smith
Product Description
Bankers, philanthropists, scholars, socialites, artists, and politicians, the Warburgs stood at the pinnacle of German (and, later, of German-American) Jewry. They forged economic dynasties, built mansions and estates, assembled libraries, endowed charities, and advised a German kaiser and two American presidents. But their very success made the Warburgs lightning rods for anti-Semitism, and their sense of patriotism became increasingly dangerous in a Germany that had declared Jews the enemy.
Ron Chernow's hugely fascinating history is a group portrait of a clan whose members were renowned for their brilliance, culture, and personal energy yet tragically vulnerable to the dark and irrational currents of the twentieth century.
From the Trade Paperback edition.
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| Customer Reviews: Read 8 more reviews...
Fascinating August 7, 2008
I couldn't put down this book. An amazing study of an equally amazing family. To Chernow's credit, the book reveals the multiple facets of the Warburg clan in such an even-handed manner, I never felt the need to gloss over praise or polemics. I enjoyed this book so much, I am now reading his biography of Alexander Hamilton.
Feelings for the German Jewish experience November 5, 2007
Setting aside the technical aspects of the research and the depth of this book, it alters how you feel about the German Jewish experience. Even though most of us will never experience the kind of wealth and privilege that accompany the Warburg family - it is expertly portrayed in this book - you're feelings about the German Jewish experience will change. The book is about a family and their achievements and tragedies that are dramatically effected by the events of the 20th century. For everyone interested in connecting with the feelings of your ancestry and understanding a piece of the financial history of modern America, this is a compelling book. It will help you take on depth, compassion, understanding and an abiding sense of sadness and tragedy at what happened to the Jewish families in Germany. It also leaves you with a sense of wonder at the durability of this family and their accomplishments.
hardcover edition: hard to pick up, but harder to put down January 4, 2007
This great novel-like biography makes one almost feel like a member of the Warburg family (which Chernow correctly determined was a family worth reading about). On the side, this book also provides a nice history of Zionism and gives a seemingly accurate flavor of the early twentieth century experience of German Jews (and more generally of accomplished immigrants to America around the turn to that century). Chernow's verbal precision makes his writing a pleasure to read, but also limits the pace - so set aside a lot of time and enjoy!
The Dignity of Their Tragedy August 30, 2006
0 out of 3 found this review helpful
They were minor Court Jews. Money-lending was created by anti-semitic barriers. Court Jews identified with authority figures. Ancestors moved to Altona, an area under Danish rule. It was near Hamburg. In 1773 a Warburg moved to Hamburg.
The Warburgs were nearly incestuous in an attempt to keep the banking riches in the family. They suffered from manic-depression and schizophrenia. The Warburgs engaged in empire building by courtship. The Hamburg ethos was sombre and middle class. The Warburgs and Schiffs made a matrimonial alliance in 1895. The Warburgs were strategic, as it turned out, but they did not engage in arranged marriages.
Paul Warburg, the husband of Nina Loeb, was never at home on Wall Street. He became a great theoretician of central banking. Felix Warburg, to the consternation of his father-in-law, Jacob Schiff, built a Gothic mansion on Fifth Avenue. Lillian Wald's settlement house on Henry Street was founded by the Schiffs and the Loebs.
Aby Warburg of Hamburg, a private scholar, established the Warburg Library. Aby was a pioneer of interdisciplinary study. Paul Warburg, located in America, worked after the crash of 1907 for banking reform with Nelson Aldrich. The Aldrich Plan of 1911 called for a National Reserve scheme. Many of the ideas survived in the Federal Reserve Act. In 1914 Paul Warburg began to serve on the Federal Reserve Board. Felix Warburg headed the Joint Distribution Committee for Jewish charities.
After the First World War Aby experienced periods of madness and luciditiy. Max Warburg traveled to America to meet with government leaders to explain the need for the reduction of reparations and the hyper-inflation troubling Germany. Erwin Panofsky and Ernst Cassirer were professors at the university in Hamburg that Aby and his brothers helped to found. Aby was treated at the clinic of Ludwig Binswanger. Freud took a personal interest in Aby's case. Aby left Kreuzlingen, the clinic, for good in 1924. His breakdown had dated from 1918. Aby died in 1929. His associates Gertrud Bing and Fritz Saxl brought out the first two volumes of his collected writings in 1932. Kenneth Clark has stressed his importance to art scholarship.
Felix supported Jewish farm settlements in Soviet Russia until they were taken over by the state in 1930. Paul Warburg had never believed in perpetual prosperity. Paul's advice had cushioned the Warburgs in the crash, (they had moved out of stocks). Paul issued public warnings in March 1929 foreseeing the crash and the Depression.
In Germany Max, in Hamburg, treated the fortunes of Felix and Paul as bank reserves. Paul lost his fortune upholding the Warburg honor. Max had been tempted to overextend by his imaginary safety net. THE ATLANTIC MONTHLY published Jimmy Warburg's poetry. He was Paul's son. Paul had tended to be straitlaced. Paul died in 1932. The Warburgs did not believe they would be driven from Hamburg. In 1933 the Warburg Library was moved to England. Kristallnacht ending Max's stay in Germany. He and his family ended up in the United States. His brother Fritz was detained and his passport was revoked. Finally he and his wife were permitted to leave for Sweden. Max's daughter Lola was one of the people in England devising the Kinder Transport program.
Eric Warburg, Max's son, saw Hamburg again in 1945. It had been half destroyed by saturation bombing. Eric and his son Max did resume banking careers in Hamburg. Unconnected institutions under the influence of other members of the Warburg family existed in London and New York. The book is fabulous. It is a family saga describing an array of interesting and very brave people.
Interesting and insightful! April 24, 2006
This was a great book to read and a very interesting story about one of banking's oldest and greatest families. It was wonderfully written and has numerous insights on what it takes to be a success. Ron Chernow seems to have an eye for picking out the important little details as well as giving the reader a great sense of the big picture. Also some great history lessons about WWII. It gave me a view of the war which I hadn't seen before from Jews who were at the top of the economic scale. The history lesson was worth the entry fee. Highly recomended!
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