The Death of the Banker: The Decline of the Great Financial Dynasties and the Triumph of the Small Investor

The Death of the Banker: The Decline of the Great Financial Dynasties and the Triumph of the Small Investor

by RonChernow (Author)

Synopsis

The reader is taken on a fascinating tour of Anglo-American high finance over the past two centuries, with detours into Canadian, German and Japanese finance. As the point of departure for his colourful, panoramic survey, Ron Chernow poses a historic riddle: Why did the great financial dynasties - the Rothschilds, Barings, Morgans and Warburgs - flare so brilliantly in the 19th and 20th centuries and then enter into a precipitous decline? Why did such heavyweights give way to more anonymous financial conglomerates, And, most curious of all, why have small investors, banded together in mutual funds, suddenly inherited the financial earth?

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More Information

Format: Paperback
Pages: 144
Publisher: Pimlico
Published: 23 Oct 1997

ISBN 10: 071266646X
ISBN 13: 9780712666466
Book Overview: Winner of the American National Book Award, Ron Chernow expertly traces the decline of the big banks and the rise of small investors. 19970212