Last September, J.P. Morgan & Company stupefied the world of banking, and many within its own walls, when it announced that it was being bought by big, boring Chase Manhattan Bank. Not only was this most hallowed of Wall Street institutions giving up its treasured autonomy after more than a century, but it was giving Read More
J.P. Morgan & Company, bastion of the old way of doing things, has surrendered. One of the world’s most formal institutions has opted to jettison the business suit as a required form of dress. Henceforth, every day is casual day at the mighty Morgan.
At the beginning of February, departmental heads at the firm’s headquarters Read More
Legacy: A Biography of Moses and Walter Annenberg , by Christopher Ogden. Little, Brown & Company, 615 pages, $29.95.
I am going to attempt something unusual in this review. I am not going to use Christopher Ogden’s extensive, engrossing and excellent biography as an armature from which to hang my own views of his subject, Read More
Morgan: American Financier , by Jean Strouse. Random House, 796 pages, $34.95.
As Information Age speculation remakes American wealth on a scale not seen since J. Pierpont Morgan strutted onto the world banking stage, the lives of our founding financiers are undergoing necessary rehabilitation. Last year’s Titan , Ron Chernow’s life of John D. Rockefeller, Read More
