5 results for "Banking"

The courage to act: a memoir of a crisis and its aftermath

Bernanke, Ben
In 2006, Ben S. Bernanke was appointed chair of the Federal Reserve, capping a meteoric trajectory from a rural South Carolina childhood to professorships at Stanford and Princeton, to public service in Washington's halls of power. There would be no time to celebrate, however -- the burst of the housing bubble in 2007 set off a domino effect that would bring the global financial system to the brink of meltdown. Here, Ben Bernanke pulls back the curtain on the tireless and ultimately successful efforts to prevent a mass economic failure. Working with two U.S. presidents and two Treasury secretaries, Dr. Bernanke and his colleagues used every Fed capability, no matter how arcane, to keep the U.S. economy afloat. From his arrival in Washington in 2002 and his experiences before the crisis, to the intense days and weeks of the crisis itself, and through the Great Recession that followed, Dr. Bernanke gives readers a unique perspective on the American economy.
W.W. Norton & Company 2015-10-06 610 pages

The Warburgs: the twentieth-century odyssey of a remarkable Jewish family

Chernow, Ron
From the Pulitzer Prize–winning bestselling author of Alexander Hamilton , the inspiration for the hit Broadway musical, comes this definitive biography of the Warburgs, one of the great German-Jewish banking families of the twentieth century. Bankers, philanthropists, scholars, socialites, artists, and politicians, the Warburgs stood at the pinnacle of German (and, later, of German-American) Jewry. They forged economic dynasties, built mansions and estates, assembled libraries, endowed charities, and advised a German kaiser and two American presidents. But their very success made the Warburgs lightning rods for anti-Semitism, and their sense of patriotism became increasingly dangerous in a Germany that had declared Jews the enemy. Ron Chernow's hugely fascinating history is a group portrait of a clan whose members were renowned for their brilliance, culture, and personal energy yet tragically vulnerable to the dark and irrational currents of the twentieth century.
Vintage Books, a division of Random House LLC 2016-11-15 820 pages

Towers of Gold: how one Jewish immigrant named Isaias Hellman created California

Dinkelspiel, Frances
Isaias Hellman, a Jewish immigrant, arrived in California in 1859 with little money in his pocket and his brother Herman by his side. By the time he died, he had effectively transformed Los Angeles into the modern metropolis we see today. In Frances Dinkelspeil's groundbreaking history, the early days of California are seen through the life of a man who started out as a simple store owner only to become California's premier money man of the late 19th and early 20th centuries. Growing up as a young immigrant, Hellman quickly learned the use to which capital could be put, founding Los Angeles's Farmers and Merchants Bank, that city's first successful bank, and transforming Wells Fargo into one of the West's biggest financial institutions. He invested money with Henry Huntington to build trolley lines, lent Edward Doheny the funds that led him to discover California's huge oil reserves, and assisted Harrison Gray Otis in acquiring full ownership of the Los Angeles Times. Hellman led the building of Los Angeles's first synagogue, the Wilshire Boulevard Temple, helped start the University of Southern California, and served as Regent of the University of California. His influence, however, was not limited to Los Angeles. He controlled the California wine industry for almost 20 years, and after San Francisco's devastating 1906 earthquake and fire, calmed the financial markets there in order to help that great city rise from the ashes. With all of these accomplishments, Isaias Hellman almost single-handedly brought California into modernity --
St. Martin's Press 2008 376 pages

Assume nothing: encounters with assassins, spies, presidents, and would-be masters of the universe

Epstein, Edward Jay
"This memoir is the story of how curiosity led me to investigate some of the greatest political mysteries of our time, including the JFK assassination in Dallas, the Vatican banking scandal in Rome and the diamond cartel in South Africa. To learn about them, I often found myself a fly-on-the-wall at the highest reaches of the establishment where I saw how presidents, tycoons, bankers and media moguls secretly greased the wheels of power. Some accuse me of being a conspiracist, but that is not correct. I am essentially a puzzle solver. Instead of accepting the received wisdom of the media, I search for a puzzle's missing pieces, such as the autopsy photographs of President John F. Kennedy that were kept from the investigation conducted by the Warren Commission Finding suppressed or overlooked evidence often has the result of overturning the established narrative, as happened when I published my book Inquest on the Commission, but that is very different from seeking a conspiracy. Sometimes, it is true. my work results in uncovering a deep conspiracy, as happened in my investigation of the world diamond cartel; other times, however, it results in discrediting belief in a conspiracy, as happened in my investigation of the murders of numerous Black Panthers (which caused the Washington Post, Los Angeles Times and other newspapers, whose reporting had suggested the existence of an FBI conspiracy, to issue editorial apologies following the publication of my investigation in The New Yorker.) My prime interest has always been in finding gaps in the conventional wisdom about an event. How I came to be a pursuer of lost truths is a curious story of self-actualization"--
Encounter Books 2023 404 pages

Maxwell, the outsider

Bower, Tom
Robert Maxwell was driven by an obsession to be remembered by posterity, to create and re-create his own life in order to become part of the Establishment. Tom Bower's compelling portrait, the subject of numerous libel suits brought by Maxwell in Britain before his death, is now published for the first time--in a thoroughly updated edition--in the United States. It provides a fascinating look at the man who was relentless in his attempts to obtain media power and respectability, attempts that would eventually destroy him. Born into a life of poverty, an outsider forever trying to get in, Robert Maxwell was plagued by a deep sense of alienation. His career as publisher, printer, politician, financier, industrialist, and tycoon extraordinary was charged with both magnificent coups and controversial setbacks. He built his fortune on a mixture of engineered leaks and secrecy at the expense of long-term stability. Accused of everything from creative bookkeeping to outright fraud, Maxwell withstood each debacle until the end, surviving troubles that would have felled a less determined personality. Bower describes the many suspect strategies of Maxwell's business dealings while he was alive and the disintegration of his empire after his death, focusing along the way on Maxwell's often nebulous business dealings and his immense skills at bullying and deception. Beginning with Maxwell's early years, Bower describes in depth the period after World War II during which Maxwell made a fortune out of barter deals and the export of scientific journals from Germany, which became the basis for his Pergamon Press flagship; the Pergamon-Leasco affair in the late 1960s (involving two millionaires, Maxwelland Saul Steinberg), an ill-fated takeover deal that fell apart with Maxwell declared unfit to hold office in a public company; and his revival of the loss-making British Printing Corporation. The author explains Maxwell's numerous acquisitions and his competitive obsession with Rupert Murdoch. We learn of the mysteries surrounding Maxwell's private banking in Liechtenstein, his strange links with the Soviet Union and Eastern Europe, the notorious "Mirrorgate" affair and Maxwell's close relationship with Israel. Going beyond recent media coverage, the author provides up-to-the-minute facts on missing corporate assets and pension funds as well as the nefarious share-support schemes. In this powerful biography, Tom Bower comes as close as anyone ever will to understanding Robert Maxwell and his demons.
Viking 1992 539 pages