Sublime

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

because he looked and sounded like the wealthy uncle to whom children in the family are forced to listen for profitable life lessons. When he

(As his predecessor John Pierpont Morgan had said about a banker’s reputation at the Pujo hearings in front of the House Banking and Currency Committee in 1912, “[It] is his most valuable possession; it is the result of years of faith and honorable dealing and, while it may be quickly lost, once lost cannot be restored for a long time, if ever.”)

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,

“He has an amazing sense of risk,” says his former colleague at Smith Barney, Bob Lessin, currently vice chairman of investment bank Jeffries & Company. “He understands it intuitively better than anyone alive, so he doesn’t do stupid things. The industry has a recent history of dramatically mis-pricing risk relative to return. Jamie never fell

Mr Brooke’s conclusions were as difficult to predict as the weather: it was only safe to say that he would act with benevolent intentions, and that he would spend as little money as possible in carrying them out. For the most glutinously indefinite minds enclose some hard grains of habit; and a man has been seen lax about all his own interests exce

Johnson accomplished this transformation not by the pronouncement or fiat or order that is the method of executive initiative, but out of the very nature and fabric of the legislative process itself. He was not only the youngest but the greatest Senate Leader in America’s history. His colleagues called him Leader.

Still another likely spur to sterner morality will be the end of entitlements and income redistribution. When the hope of aid for those falling behind is based primarily upon appeals to private individuals and charitable bodies, it will be more important than it has been in the twentieth century that the recipients of charity appear to be morally d