The House of Morgan
Ron Chernow · 1990
A hundred and fifty years of American finance told through one bank: from Junius Morgan's London merchant house through Pierpont's panic-stopping empire to the modern, diminished descendants. Chernow's first book won the National Book Award and invented his method, biography as the history of money itself.
The case against
Eight hundred pages, three generations, and four institutions that keep renaming themselves, and Chernow refuses to summarize when a scene will do. The back third, after Glass-Steagall splits the house, loses the dynastic pull that drives the front. Magnificent, and it will occupy a month of your reading life.
Business & Investing · the Pro canon
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