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

0

0

Karabell, Zachary

Karabell, Zachary

Athens Drive Community
Cary Regional
Leesville Community
Middle Creek Community
North Regional
Northeast Regional
Oberlin Regional
Southeast Regional

Business

Athens Drive Community - Business
Cary Regional - Business
Leesville Community - Business
Middlecreek Community - Business
Morrisville Community - Business
North Regional - Business
Northeast Regional - Business
Oberlin Regional - Business
Southeast Regional - Business

"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"--

Book

Books

39a8fd26-f170-3856-1d55-b612a2bf47f9

9781594206610

2025-04-27T09:19:59.767Z

-1

Non Fiction

Non Fiction

332.1 KARAB

Wake County Public Libraries

Athens Drive Community
Cary Regional
Leesville Community
Middle Creek Community
Morrisville Community
North Regional
Northeast Regional
Oberlin Regional
Southeast Regional

9781594206610

2021

Penguin Press

grouped_work

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

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

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

Inside money

Brown Brothers Harriman and the American way of power

Banks and banking
Capitalism
Economic conditions
Foreign economic relations
History
Investment banking
Merchant banks
Political aspects
Private banks