The House of Morgan
The House of Morgan is the most ambitious history ever written about American finance. It is a rich, panoramic story of four generations of Morgans and the powerful, secretive firms they spawned, ones that would transform the modern financial world. Tracing the trajectory of J. P. Morgan’s empire from its obscure beginnings in Victorian London to the financial crisis of 1987, this book paints a fascinating portrait of the family’s private saga and the rarefied world of the American and British elite in which they moved. The House of Morgan is a compelling account of a remarkable institution and the men who ran it, and an essential book for understanding the money and power behind the major historical events of the last 150 years.
“As a portrait of finance, politics and the world of avarice and ambition on Wall Street, the book has the movement and tension of an epic novel. It is, quite simply, a tour de force.”
— The New York Times Book Review
“As informative and entertaining a history, especially of the period from 1880 to 1930, as this reviewer has ever read . . . Nowhere has our tenuous financial system been better described than by Chernow.”
— John Rothchild, Los Angeles Times Book Review
“Chernow deftly mixes biography with economics and explicates arcane matters of high finance with sparkling clarity. . . . A fascinating historical journey from Charles Dickens’ London to Tom Wolfe’s New York.”
— David M. Kennedy, The Atlantic Monthly
“An astonishingly detailed and fascinating story of the Morgan banks and the men who have run them. Chernow uses his gift for description to bring out vividly the personalities of his principals.”
— Don Keown, San Francisco Chronicle
“Epic . . . Chernow melds deep insights into the life and times of Morgan bankers over 150 years with the flow of world history and the growth of banking and finance. With rich detail and warmth, he brings to life the defunct species of gentleman banker.”
— Bill Barnhart, Chicago Tribune