Title
The Man Who Made Wall Street: Anthony J. Drexel And The Rise Of Modern Finance
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He Tamed The Market'S Bulls And Bears. He Was The Best Friend I Have Ever Had In Every Way.J. P. Morganit Was The Height Of The Gilded Age And J. Pierpont Morgan Controlled The Fate Of Railroads, Corporations, And Governments. The Wealthy And Influential Were Said To Tremble Before His Blinding Intellect And Intimidating Gaze, Yet He Deferred To One Man: Anthony J. Drexel. Drexelwhose Name Is Familiar Today Only Through The University He Founded And His Recently Canonized Niece And Protegee, Katharinewas The Most Influential Financier Of The Nineteenth Century.The Second Son Of An Austrian Emigre, Anthony Drexel (18261893) Soon Established Himself As The Preeminent Financial Mind In The Philadelphia Currency Brokerage His Father Began In 1838. Shunning Publicity, Selfpromotion, And Highprofile Public Accolades (He Declined President Ulysses S. Grant'S Invitation To Become Secretary Of The Treasury), Drexel Initiated A Partnership With J. P. Morgan And His Father, Junius, That Became The Most Powerful Financial Combination Of Its Age.At A Time When The United States Did Not Have A Central Bank, The Government As Well As Largescale Commercial Ventures Relied On Financiers To Raise The Enormous Sums Of Money Necessary To Build Railroads, Construct Factories, And Fight Major Wars. With Branches And Partnerships In London, Paris, Chicago, And New York, All Benefiting From Their Leader'S Reputation For Impeccable Integrity, Drexel'S Firms Were Able To Steer American Business Through The Most Extraordinary Longterm Economic Growth Of Any Nation In World History, As Well As Through Four Devastating Depressions, An Enlightening Lesson In The Cyclical Nature Of The U.S. Economy.Drexel And His Firm Quietly Pioneered Many Of The Financial And Business Strategies That We Now Take For Granted, Such As Trading National Currencies, Guaranteeing Credit For Travelers Abroad, Rewarding Workers Based On Individual Initiative, And Offering Sweat Equity To Deserving Employees Who Could Not Afford To Buy Stock. By Cultivating Morgan'S Selfconfidence And Allowing His Younger Business Partner To Become The Public Face For The Firm, Drexel Was Able To Avoid Attention And, Instead, Nurture His Extended Family.Today, Anthony J. Drexel'S Influence And Accomplishments Are Mostly Forgotten Or Credited To Others, But After Decades Of Detective Work And Careful Research, Dan Rottenberg Has Succeeded In Writing The First Biography Of This Exceptionally Influential And Elusive Man. Since Drexel Gave No Interviews, Kept No Diaries, Held No Public Offices, And Destroyed Most Of His Personal Papers, Rottenberg Had Painstakingly To Track Down Every Reference And Anecdote He Could Find And, In The Process, Discovered 150 Previously Unknown Letters And Cables In Drexel'S Hand. Drexel Believed That There Is No Limit To What One Can Accomplish If One Doesn'T Mind Who Gets The Credit, But As The Man Who Made Wall Street Shows, The Balance Has Finally Been Paid In Full.
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- Q: What is the page count of the book? A: The book contains two hundred ninety-six pages. It provides an in-depth exploration of Anthony J. Drexel's life and influence.
- Q: What is the binding type of this book? A: This book is a hardcover edition. The durable binding helps protect the pages and preserve the book over time.
- Q: What are the dimensions of the book? A: The book measures six point two six inches in length, one point two six inches in width, and nine point zero two inches in height. These dimensions make it a manageable size for reading.
- Q: Who is the author of this book? A: The author is Dan Rottenberg. He has conducted extensive research to provide insights into Drexel's life.
- Q: What genre does this book belong to? A: This book is a biography. It focuses on the life and contributions of Anthony J. Drexel in the finance sector.
- Q: How do I read this book? A: You can read this book like any other. It is suitable for those interested in finance, history, or biographies.
- Q: Is this book suitable for young readers? A: Yes, this book is generally suitable for young adults. It contains historical content that may interest older teens and adults.
- Q: What themes are explored in the book? A: The book explores themes of finance, influence, and the Gilded Age. It delves into the economic strategies and contributions of Drexel.
- Q: How should I store this book? A: Store the book in a cool, dry place, away from direct sunlight. This will help preserve the binding and pages.
- Q: Can I clean the book if it gets dirty? A: Yes, you can gently wipe the cover with a soft, dry cloth. Avoid using liquids that may damage the binding or pages.
- Q: What if I receive a damaged book? A: If you receive a damaged book, you should contact customer support immediately for a return or exchange. They will assist you with the process.
- Q: Is there a warranty on the book? A: Books typically do not come with a warranty. However, check the return policy for any specific conditions.
- Q: Where can I purchase this book? A: You can purchase this book from various online retailers and bookstores. It is published by the University of Pennsylvania Press.
- Q: Does this book have any illustrations? A: No, this book does not feature illustrations. It focuses on text-based content to convey Drexel's life story.
- Q: What makes this biography unique? A: This biography is unique due to its extensive research, including previously unknown letters and cables from Drexel. It provides a detailed perspective on his life.