Author:
Strouse, Jean.
Edition Statement:1st ed.
Imprint:New York : Random House, 1999.
Descriptionxv, 796 p. : ill. ; 25 cm.
Bibliography Note:Includes bibliographical references and index.
Note:"The presence of J.P. Morgan looms large over the financial and economic landscape of the Gilded Age. Either castigated for wielding economic clout or praised for providing stability to the industrial order, Morgan has remained a mystery. Although recent scholars V. Carosso and R. Chernow have studied the financial activities of the House of Morgan, there have been few biographies of Morgan. Making use of new archive sources and the extensive collection of Morgan materials in the Pierpont Morgan Library, Strouse fills this void with a masterful biography. She carefully depicts Morgan's taciturn personality, his financial tutelage under a critical father, and his relations with both wives and his children. Strouse provides a balanced evaluation of Morgan's financial activities, carefully articulating his role as the nation's unofficial central banker. He attracted European capital to American enterprises, organized new corporations to promote efficiency, consolidated bankrupt railroads, worked to stabilize financial markets when crises arose, and established new business structures. While Morgan was frequently demonized for his activities, Strouse argues that he often acted in the nation's best interests (and his own). His role as art collector is also examined." -- Choice review
Note:Recommended as a Choice Outstanding Title
