The Death Of The Banker: The Decline of the Great Financial Dynasties and the Triumph of the Small Investor - Softcover

9780712666466: The Death Of The Banker: The Decline of the Great Financial Dynasties and the Triumph of the Small Investor
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The reader is taken on a fascinating tour of Anglo-American high finance over the past two centuries, with detours into Canadian, German and Japanese finance. As the point of departure for his colourful, panoramic survey, Ron Chernow poses a historic riddle: Why did the great financial dynasties - the Rothschilds, Barings, Morgans and Warburgs - flare so brilliantly in the 19th and 20th centuries and then enter into a precipitous decline? Why did such heavyweights give way to more anonymous financial conglomerates, And, most curious of all, why have small investors, banded together in mutual funds, suddenly inherited the financial earth? (1997-02-12)

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Winner of the American National Book Award, Ron Chernow expertly traces the decline of the big banks and the rise of small investors. (1997-02-12)
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'For the past decade, I have been intrigued by the conundrum of why the storied financial dynasties - the Rothschilds, Morgans, Barings, Warburgs et al. - flared so brilliantly at a certain historic juncture, then fell into eclipse. Why were their historic moments so spectacular but brief?...I take their demise as my starting-point for a panoramic survey of the world of high finance during the past two centruries. For all their majesty, the financial dynasties have been canaries in the coal mine, telling us much about unseen forces at work in the capital markets.' Ron Chernow, from The Death of the Banker

Ron Chernow - author of The House of Morgan and The Warburgs, and the winner of the American National Book Award - transports the reader on a fascinating tour of high finance. In a book packed with splendid anecdotes and lucid analyses, Chernow evokes the heady days when bankers sailed about in yachts as big as battleships, smoked cigars the size of small torpedoes and sparked bitter controvesy because of their sway over government and industry. He shows, too, how reformers mounted a spirited campaign to prize companies loose from their traditional bankers and restore competition to financial markets. In a world criss-crossed by capital flows, the banker will never again exercise such spectacular rule over clients. The mutual fund manager and the small investor have inherited the earth.

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  • PublisherPimlico
  • Publication date1997
  • ISBN 10 071266646X
  • ISBN 13 9780712666466
  • BindingPaperback
  • Number of pages144
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9780375700378: The Death of the Banker: The Decline and Fall of the Great Financial Dynasties and the Triumph of the Sma LL Investor

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ISBN 10:  0375700374 ISBN 13:  9780375700378
Publisher: Vintage, 1997
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  • 9780679308591: The Death of a Banker

    Random..., 1997
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Book Description Paperback. Condition: Very Good. The reader is taken on a fascinating tour of Anglo-American high finance over the past two centuries, with detours into Canadian, German and Japanese finance. As the point of departure for his colourful, panoramic survey, Ron Chernow poses a historic riddle: Why did the great financial dynasties - the Rothschilds, Barings, Morgans and Warburgs - flare so brilliantly in the 19th and 20th centuries and then enter into a precipitous decline? Why did such heavyweights give way to more anonymous financial conglomerates, And, most curious of all, why have small investors, banded together in mutual funds, suddenly inherited the financial earth? The book has been read, but is in excellent condition. Pages are intact and not marred by notes or highlighting. The spine remains undamaged. Seller Inventory # GOR003692484

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Book Description Paperback. Condition: Good. The reader is taken on a fascinating tour of Anglo-American high finance over the past two centuries, with detours into Canadian, German and Japanese finance. As the point of departure for his colourful, panoramic survey, Ron Chernow poses a historic riddle: Why did the great financial dynasties - the Rothschilds, Barings, Morgans and Warburgs - flare so brilliantly in the 19th and 20th centuries and then enter into a precipitous decline? Why did such heavyweights give way to more anonymous financial conglomerates, And, most curious of all, why have small investors, banded together in mutual funds, suddenly inherited the financial earth? 130 pages. Seller Inventory # 1550217

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