Knopf Publishing Group
The Money Kings: The Epic Story of the Jewish Immigrants Who Transformed Wall Street and Shaped Modern America
Key Metrics
- Daniel Schulman
- Knopf Publishing Group
- Hardcover
- 9780451493545
- -
- 2.22 pounds
- Biography & Autobiography > Historical
- English
Secure TransactionBook Description
Joseph Seligman arrived in the United States in 1837, with the equivalent of $100 sewn into the lining of his pants. Then came Henry and Emanuel Lehman, who would open a general store in Montgomery, Alabama. Not far behind was Marcus Goldman, among the Forty-Eighters fleeing a Germany that had relegated Jews to an underclass.
These industrious immigrants would soon go from peddling trinkets and buying up shopkeepers' IOUs to forming the largest investment banks in the world, underwriting businesses like Sears, General Motors, and Macy's that have long defined the face of a nation.
In Money Kings, Daniel Schulman follows these dynasties through their earliest gambits; their major business deals and ascent to the deeply antisemitic upper class of the Gilded Age; the complexities of the Civil War, World War I, and the Zionist movement that tested their fractured identities; and their enduring effect on the many non-German Jewish immigrants who came spilling off steamships in New York Harbor in the early 1900s, including Schulman's grandparents.
With the dynamic banker and philanthropist Jacob Schiff leading the way, The Money Kings is an engrossing tale about materialism and moralism, family successions and alliances, and the immigrants who dreamed America into being.
Author Bio
Daniel Schulman is Mother Jones’ deputy Washington, DC, bureau chief. He is the New York Times best-selling author of Sons of Wichita (Grand Central Publishing), a biography of the Koch brothers.
His new book, to be published by Knopf, chronicles the lives and legacies of a group of turn-of-the-century Wall Street titans who influenced the course of history and the rise of modern finance.
Source: MotherJones
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