The Dark Genius of Wall Street: The Misunderstood Life of Jay Gould, King of the Robber Barons - Hardcover

Renehan Jr., Edward J.

Hardcover

ISBN 10: 0465068855 ISBN 13: 9780465068852

Publisher: Basic Books, 2005

Synopsis

The first balanced biography of the financier Jay Gould, the man who was not only Wall Street's greatest villain but also its most creative genius Jay Gould was the robber baron's robber baron - the greatest financial and business genius of his time and also the most widely hated. He could go head-to-head with the likes of JP Morgan, Cornelius Vanderbilt and the US Treasury and almost always outsmart them. Gould was the undisputed master of the nation's railroads and telegraph-systems at a time when these were the fastest-growing new technologies of the age. His scheme to corner the gold market in 1869 caused the Black Friday panic. He created new ways of manipulating markets, assembling capital and swallowing his competitors. Many of these methods are now standard practice; others were unique to their circumstances and unrepeatable; others were among the first practices prohibited by the SEC when it came into being in the 1930s. Acclaimed biographer Edward J Renehan recounts the dazzling life story of a figure whose stature in his era outranks that of Bill Gates, in a time when a "corporate takeover battle" was literally a battle, involving not just lawyers and bankers but the buying and selling of judges and occasional confrontations between gangs of armed thugs. Renehan combines lively anecdotes with the rich social tapestry of the Gilded Age to create the first balanced biography of a man who was undoubtedly the greatest financial genius of his age - and one of the inventors of modern business.

About this title

About the Author

Edward J Renehan Jr's books include The Kennedys at War, The Lion's Pride: Theodore Roosevelt and His Family in Peace and War, The Secret Six and John Burroughs: An American Naturalist. He lives in Rhode Island, USA.

Edition details

• Publisher: Basic Books
• Publication date: 2005
• Language: English
• ISBN 10: 0465068855
• ISBN 13: 9780465068852
• Binding: Hardcover
• Edition number: 1
• Number of pages: 400