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The House of Morgan
The House of Morgan: An American Banking Dynasty and the Rise of Modern Finance | Ron Chernow
6 posts | 6 read | 21 to read
Published to critical acclaim twenty years ago, and now considered a classic, 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. Morgans empire from its obscure beginnings in Victorian London to the financial crisis of 1987, acclaimed author Ron Chernow paints a fascinating portrait of the familys private saga and the rarefied world of the American and British elite in which they moveda world that included Charles Lindbergh, Henry Ford, Franklin Roosevelt, Nancy Astor, and Winston Churchill. A masterpiece of financial historyit was awarded the 1990 National Book Award for Nonfiction and selected by the Modern Library as one of the 100 Best Nonfiction Books of the Twentieth CenturyThe 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.
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review
Nitpickyabouttrains
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Mehso-so

I did this as an audiobook and it was like 34 hours long, which was too long in my opinion. But it was this long because chernow had a ton of primary information about this banking family and house and he put it all in. Super interesting at moments, particularly around the world wars. But it did drag a little in places.

16 likes1 stack add
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Ericalambbrown
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Pickpick

Great book. LONG book. If you have interest in how our economy got to be as it is today and American history since the late 19th century, this book may be a good one for you. I‘ve been focusing on early 20th century history and I was not disappointed with what I learned in this book.

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Oblomov26
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Pickpick

A fascinating history of the Morgan banking empire from its inception in the 19th century until the end of the 1980's. A tale of the transformation of the industry from a time of relationship banking where bankers were the titans who could and did stop market collapses and could dictate to nations through to the 80's when bankers had shrunk in stature and were now players in a casino of securities, mergers and acquisitions and leveraged buyouts.

Oblomov26 If you are interested in the way that the Banking Industry has changed through the years this is a great starting point 7y
Gleefulreader Fantastic review! 7y
59 likes2 stack adds2 comments
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Oblomov26
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Okay finished this evening. Fantastic book on banking history. Review to follow - from gentleman bankers to casino culture and beyond.

JanuarieTimewalker13 I've owned this book for about 15 years and haven't read it. Can't wait for your review! Maybe I'll finally read it!! 7y
68 likes3 stack adds1 comment
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KVanRead
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One more from the Morgan: Charles McKim (whom some will know from Devil in the White City) designed this little book vault for JP off of his study. With steel lined walls and and a bank vault door, it provided handy storage for a few of his favorite tomes. Who else wants one?!!! 🤑

Simona @KVanRead Question is who don't wants one?😥 8y
22 likes3 comments
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KVanRead
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L I B R A R Y P O R N The reading room at the Morgan Library is the kind of place I'm dying to get locked into overnight. Wondering how they reach the upper levels? Ground floor shelves on either side of entrance are actually doors leading to...you guessed it...hidden staircases!!! ❤️📚😍

MrBook Love it here! Belonged to a book club for a brief time that met here. 😊 8y
zembla oh my GAWD. 8y
Riveted_Reader_Melissa That's gorgeous! 8y
See All 8 Comments
QueenAnne This. Has. To. Be. Heaven 😱😍❤️ 8y
Eyelit That's amazing! I want to go to there. 8y
TheWellReadOwl One of my favorite bookish places ever! 😍 8y
Yournewfriendsams 😍😍😍 8y
KVanRead @MrBook That must have been awesome. 8y
22 likes8 comments