Sublime

Anthony Drexel, of the long-established Philadelphia banking family, changing the firm to Drexel, Morgan & Co., with the older man again named first.

Lionel Rothschild, a great friend of Disraeli, who made history by financing Britain’s purchase of the Suez Canal in 1875. But it is Lionel’s son, Natty (1840-1915), described by Miriam as gruff, sentimental, and dapper, who ranks as one of the most brilliant financiers of all time. In the popular press he was considered the real ruler of England,

As Ivar explained, the desires of the three parties were clear: American investors wanted high returns, European governments wanted US dollars, and the match industry wanted monopoly power. The resources also were clear: American investors had dollars, European governments had the power to grant monopolies within their territories, and the match in

The Senate was not in disarray. As the Foreign Relations Committee had been its stronghold against the League, against Progressivism the stronghold was the Finance Committee, still dominated by Allison, Aldrich, John Spooner of Wisconsin, and Thomas Platt of New York. The “Senate Four” or the “Big Four,” as they were known, still met in summer at A

Ivar devised a more elegant solution to this problem. It was an ingenious piece of financial engineering that would survive the test of time. Ivar decided to introduce a new type of security, which he called a “B Share.” Ivar began with Swedish Match. He divided its common shares into two classes. Each class would have the same claim to dividends a

By 1883, Gould had become the dominant owner of, or controlling shareholder in, or chief executive of, literally dozens of railroads, some of them only for brief periods of time. The blur of activity sent shock waves of alarm through competitors even as it delighted stock traders, many of whom grew wealthy divining what Gould was up to and followin

Il peut paraître étonnant qu’un homme qui avait directement participé au processus d’expropriation des biens des Juifs allemands se mue en ardent défenseur de la propriété ; mais ce n’est ni par amnésie ni par repentance qu’Abs endosse ce rôle. Dans son discours de San Francisco, il ne manque pas de soulever la question épineuse de Cortney et Röpke

Thus, with Farley’s open cooperation, the trio of Hill, Kittson, and Smith began probing to see what sort of offer might be sufficient to interest the Dutch bondholders, who were understandably nervous about their jeopardized investment.