The House of Morgan
An American Banking Dynasty and the Rise of Modern Finance
Ratings13
Average rating3.8
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Long, and into the weeds. I was hoping it would focus more on the banking, but it was more about the family. Interesting nonetheless.
Generally illuminating. The pre-WWII information was easier to follow. The post-war material was more confusing, as the original institution broke itself into pieces (and the author tried to follow them all), but it was interesting/depressing to see how, as the regulations in the US/UK changed/disappeared, riskier and riskier behavior became the norm. This book stops in the late 80s, so nothing about our latest financial catastrophe.