The Money Kings, The Epic Story of the Jewish Immigrants Who Transformed Wall Street and Shaped Modern America

- Authors
- Daniel Schulman
- Publisher
- Knopf Doubleday Publishing Group
- Date
- 2023-11-14
- Size
- 9.64 MB
- Lang
- en
The incredible saga of the German-Jewish immigrantswith now familiar names like Goldman and Sachs, Kuhn and Loeb, Warburg and Schiff, Lehman and Seligmanwho profoundly influenced the rise of modern finance (and so much more), from the New York Times best-selling author of Sons of WichitaJoseph Seligman arrived in the United States in 1837, with the equivalent of $100 sewn into the lining of his pants. Then came the Lehman brothers, who would open a general store in Montgomery, Alabama. Not far behind were Solomon Loeb and 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 what would become some of the largest investment banks in the worldGoldman Sachs, Kuhn Loeb, Lehman Brothers, J. W. Seligman Co. They would clash and collaborate with J. P....