
Summary
Ron Chernow traces the Morgan banking businesses across four generations, from Victorian London to the financial changes of the late twentieth century. The history follows J. P. Morgan, his son and their partners, then the firms that carried the Morgan name. It connects banking decisions with wars, financial crises and changes in the relationship between finance and government.
Why read it Our view
Read it for a long view of how a firm’s purpose and methods can change across generations. Chernow’s history connects the Morgan businesses with public events and financial crises, offering a way to examine the responsibilities that come with a lasting institution.
Written about
- J.P. MorganHistorical subjectJ. P. Morgan and his son are central figures in Chernow’s history of the Morgan banking businesses. The publisher describes its use of interviews and family and business archives.Source