Inside money: Brown Brothers Harriman and the American way of power

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Publisher:
Penguin Press
Pub. Date:
2021
Language:
English
Description
"From an acclaimed historian and financial analyst, the first definitive history of the legendary private investment firm Brown Brothers Harriman - and through it, the rise to world power of the so-called American Establishment. Conspiracy theories have always swirled around Brown Brothers Harriman, and not without reason. Throughout the 19th century, when America was convulsed by a devastating financial panic every generation, Brown Brothers quietly went from strength to strength, propping up the US financial system at crucial moments and catalyzing successive booms, from the cotton trade and the steam ship to the railroad, while avoiding unwelcome attention. By the turn of the 20th century, Brown Brothers was at the heart of what was meant by the American Establishment. As America's reach extended beyond its shores, Brown Brothers was there, often working hand in glove with the State Department, as in Nicaragua in the 1910's, when the firm was essentially empowered to take over the country's economy. To the Browns, virtuousness was a given; in that spirit they supported the elite institutions that forged successive generations of leaders. When, during the Great Depression, Brown Brothers ensured their strength by merging with Averell Harriman's investment bank to form Brown Brothers Harriman, the die was cast for the role the firm would play on the world stage during World War 2 and thereafter. Its core leadership cadre, including Harriman, Robert Lovett, and Prescott Bush, all Skull and Bones men from Yale, played a central role in erecting the architecture of the postwar order, with the US dollar at its heart. In Inside Money, Zachary Karabell offers the first full and frank look inside this very private institution as a prime mover in the larger American story. Blessed with complete access to the company's archives and a thrillingly strong grasp of the bigger picture, Karabell has written in effect an x-ray film of American power from 1818 to the present"--
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ISBN:
9781594206610
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Grouping Information

Grouped Work ID39a8fd26-f170-3856-1d55-b612a2bf47f9
Grouping Titleinside money brown brothers harriman and the american way of power
Grouping Authorzachary karabell
Grouping Categorybook
Grouping LanguageEnglish (eng)
Last Grouping Update2024-04-24 02:56:53AM
Last Indexed2024-04-29 22:54:38PM

Solr Fields

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0
accelerated_reader_reading_level
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author
Karabell, Zachary
author_display
Karabell, Zachary
available_at_or
Case Memorial Library
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Orange/Case Adult Nonfiction Book
display_description
"From an acclaimed historian and financial analyst, the first definitive history of the legendary private investment firm Brown Brothers Harriman - and through it, the rise to world power of the so-called American Establishment. Conspiracy theories have always swirled around Brown Brothers Harriman, and not without reason. Throughout the 19th century, when America was convulsed by a devastating financial panic every generation, Brown Brothers quietly went from strength to strength, propping up the US financial system at crucial moments and catalyzing successive booms, from the cotton trade and the steam ship to the railroad, while avoiding unwelcome attention. By the turn of the 20th century, Brown Brothers was at the heart of what was meant by the American Establishment. As America's reach extended beyond its shores, Brown Brothers was there, often working hand in glove with the State Department, as in Nicaragua in the 1910's, when the firm was essentially empowered to take over the country's economy. To the Browns, virtuousness was a given; in that spirit they supported the elite institutions that forged successive generations of leaders. When, during the Great Depression, Brown Brothers ensured their strength by merging with Averell Harriman's investment bank to form Brown Brothers Harriman, the die was cast for the role the firm would play on the world stage during World War 2 and thereafter. Its core leadership cadre, including Harriman, Robert Lovett, and Prescott Bush, all Skull and Bones men from Yale, played a central role in erecting the architecture of the postwar order, with the US dollar at its heart. In Inside Money, Zachary Karabell offers the first full and frank look inside this very private institution as a prime mover in the larger American story. Blessed with complete access to the company's archives and a thrillingly strong grasp of the bigger picture, Karabell has written in effect an x-ray film of American power from 1818 to the present"--
format_category_or
Books
format_or
Book
id
39a8fd26-f170-3856-1d55-b612a2bf47f9
isbn
9781594206610
itype_or
ADULT BOOK
last_indexed
2024-04-30T04:54:38.881Z
lexile_score
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literary_form
Non Fiction
literary_form_full
Non Fiction
local_callnumber_or
332.123 Karabell
owning_library_or
Case Memorial Library
owning_location_or
Case Memorial Library
primary_isbn
9781594206610
publishDate
2021
publisher
Penguin Press
recordtype
grouped_work
subject_facet
Banks and banking -- Political aspects -- United States -- History
Brown Brothers & Company -- History
Brown Brothers, Harriman & Co. -- History
Capitalism -- United States -- History
Investment banking -- United States -- History
Merchant banks -- United States -- History
Private banks -- New York (State) -- New York -- History
Private banks -- United States -- History
United States -- Economic conditions
United States -- Foreign economic relations
title_display
Inside money : Brown Brothers Harriman and the American way of power
title_full
Inside money : Brown Brothers Harriman and the American way of power / Zachary Karabell
title_short
Inside money
title_sub
Brown Brothers Harriman and the American way of power
topic_facet
Banks and banking
Capitalism
Economic conditions
Foreign economic relations
History
Investment banking
Merchant banks
Political aspects
Private banks

Solr Details Tables

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record_details

Bib IdFormatFormat CategoryEditionLanguagePublisherPublication DatePhysical DescriptionAbridged
ils:.b26695182BookBooksEnglishPenguin Press2021vii, 438 pages, 8 unnumbered pages of plates : illustrations ; 24 cm

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