Geissts wall street is at once a chronicle of the st. Written by the wellknown business author charles r. List of books and articles about robber barons online research. It is a universal symbol of both the highest aspirations of economic prosperity and the basest impulses of greed and deception. Yet in his time, he was famous, or rather infamous. It describes how they were shaped by the industries they were in, and by the competitive forces set in motion by each other. Gould was the robber barons robber baron, the most astute financial and business strategist of his time and also the most widely hated. The author describes the barons in the context of the political, social, and industrial trends of the time. Some accounts say he made money smuggling cotton across enemy lines. More was a businessman, and his greatgrandfather john more was a scottish immigrant who founded the town of moresville, new york. Gould was born in roxbury, new york, to mary more 17981841 and john burr gould 17921866. Frank and virginia williams collection of lincolniana mississippi state university. Like many robber barons fisk started out poor and became rich due to his intellect and hard work.
Carnegie was more luck, gould was all brain and guts. Todays wall street wealthy make the robber barons look good. The robber barons of wall street 2010 plot summary imdb. The robber barons of wall street, full movie, hd youtube. Tweeds organization and became one of the most aggressive traders on wall street. Gould was the robber barons robber baron, the most astute financial and business strategist of his time and also the most.
By jim miles with the united states bailout package now through congress, but still waiting for monday mornings financial signals from around the world, steve frasers extended essay wall street a americas dream palace provided an interesting diversion from the many possible realities. Geisst, it is a sumptuous blackandwhite exploration of wall street history. Wall street is at once the story of the street itself, from the days when the wall was merely a defensive barricade built by peter stuyvesant, to the modern billiondollar computerdriven colossus of today. Dark genius of wall street the misunderstood life of jay gould, king of the robber barons. Jay gould has been commonly regarded as the biggest robber of the robber barons, a man whose only motivation was to make money. The gogo years is not to be read in the usual manner of wall street classics. Print resources wall street and the stock exchanges. Bring back the robber barons theres a big difference between entrepreneurs who make a fortune in the market, and those who do so by gaming the government.
Revealing, captivating, and surprising stories of yesterdays legendary financial masterminds from its inception, wall street has been home to a variety of fascinating heroes and villains who have left their markfor better or for worsein pursuit of their financial endeavors. Robber barons battled in sensational 1860s wall street war. Here, he sheds light on wall street magnate jay gould and his frequently. Mention ayn rand or sun tzu and youre likely to elicit the nsfw version of the eye. The misunderstood life of jay gould, king of the robber barons. This debate about the morality of certain business practices has continued in the popular culture, as in the performances in europe in 2012 by bruce springsteen, who sang about bankers as greedy thieves and robber barons. Haeg intended to write a character study of hill and the businessmen known as the robber barons. Todays wall street wealthy make the robber barons look good carnegie, mellon, and morgan shared their wealth with the rest of us, in civic gifts for the greater common good. The misunderstood life of jay gould, king of the robber barons from the worlds largest community of readers. Explore the meaning and the history of the term robber baron and how the men it described in the late 19th century got their name. In an explosive account, keith schooley takes on his former employer in a stand to expose internal wrongdoing and coverups. His book is replete with tales of wall streets wild east in the 19th century, with gilded age stockmarket scams filling up several raucous chapters.
The cost could be fatal my war against wall streets giant, schooleys initial excitement for a new career in finance with merrill lynch is clear. Pdf the robber barons download full pdf book download. The triumph of money in america, 18651900 vintage books. The bull market of the 1990s came to a close, ushering in the end of the dot com boom, a record number of mergers occurred, and accounting scandals in companies like enron and. Wall street is an unending source of legend and nightmares. He dominated the railroad and telegraph systemsthe leading. This wealth, however, would soon be lost in wall street speculation. Remember all the urgency in washington to save wall street. Jul 10, 2008 this book was first written in 1934 and remains the definite description of the robber barons. Though reviled for more than a century as wall streets greatest villain, jay gould was in fact its most original creative genius. So that you can decide if this is the right investor biography for you. During the occupy wall street protests of 2011, the term was used by vermont senator bernie sanders in his attacks on. Some heirs of the robber barons the new york times.
The underlying theme that wall streets federal regulators have become whores for the industry permeates most of the wellresearched books that have been written about wall street over the past decade. Gould was the undisputed master of the nations railroads and telegraph systems at a time when these were the fastestgrowing new technologies of the age. The misunderstood life of jay gould, king of the robber barons renehan jr. In dark genius of wall street, acclaimed biographer edward j. In volume two of wall street people, charles ellis and james vertin turn back the clock to. Geissts wall street is at once a chronicle of the street itself from the days when thewall was merely a defensive barricade built by peter. Chicago tribune, refinery 29, forbes, bust, ceo reads. Edward renehan talked about the dark genius of wall street.
Jan 01, 2005 though reviled for more than a century as wall street s greatest villain, jay gould was in fact its most original creative genius. It was a fight clubbut without the fighting or the men. Another would retaliate by running off new share certificates on a cellar printing press. Nov 21, 2011 a banker, refusing to return his bonus after a company bailout, is executed and thrown over the bull statue on wall street. Everyday low prices and free delivery on eligible orders.
Learn more about the achievements and transgressions of the robber barons. Among the robber barons of the gilded age, jay gould is perhaps the least remembered today. During the occupy wall street protests of 2011, the term was used by vermont senator bernie sanders in his attacks on wall street. The robber barons of old earned their moniker by commandeering railroad, meatpacking, oil and steel monopolies. The cost could be fatal my war against wall streets giant, schooleys initial excitement for a. Jul 16, 2019 robber baron was a term applied to a businessman in the 19th century who engaged in unethical and monopolistic practices, utilized corrupt political influence, faced almost no business regulation, and amassed enormous wealth. Wall street from the gilded age to the internet age book.
Geissts wall street is at once a chronicle of the street itselffrom the days when. By jim miles with the united states bailout package now through congress, but still waiting for monday mornings financial signals from around the world, steve frasers extended essay wall street a americas dream palace provided an interesting diversion from the many possible realities that may. However, not all entrepreneurs were the same and this is where the myth of the robber barons is exposed. Wall street is an unending source of legendand nightmares. What books should i read if i want to work on wall street. A history of wall street beginning in 1791 and ending in the present, the book traces the development of the major financial markets from the new york stock exchanges origins in the outdoor curb market through developments in the 1990s. Robber baron is a derogatory metaphor of social criticism originally applied to certain late. Apr 18, 2006 i have read about carnegie, morgan, and the other robber barons and felt jay needed to be added. Nov 21, 2011 todays wall street wealthy make the robber barons look good carnegie, mellon, and morgan shared their wealth with the rest of us, in civic gifts for the greater common good. Dark genius of wall street cambridge university press. A banker, refusing to return his bonus after a company bailout, is executed and thrown over the bull statue on wall street.
And here weve thought, all these many years, that jay gould, the fabled robber baron of the mid to late. As to the ambivalence, it is still there, but now it is muted. The misunderstood life of jay gould, king of the robber barons, published by basic books. Nov 05, 1972 the result is a somewhat patchy book, lacking the magisterial quality of the robber barons, but interesting and informative anyway. Every month, women would gather in a new york apartment to share sexistjob. One clique of robber barons would corner the market in a stock. The author describes the barons in the context of the political, social, and. The robber barons was written during that great slump which, beginning in 1929, reached its lowest depths in 19291933. May 27, 1836 december 2, 1892 was an american railroad magnate and financial speculator who is generally identified as one of the robber. The law did not end the reign of robber barons, but it signaled that the era of unregulated business would be coming to an end. I actually believe while underhanded in many areas he actually was the true genius of all the robber barons, not just wall street. He became rich working in the cotton industry during the civil war. The result is a somewhat patchy book, lacking the magisterial quality of the robber barons, but interesting and informative anyway. The misunderstood life of jay gould, king of the robber barons pbk.
Robber baron, pejorative term for one of the 19thcentury u. The classic account of the influential capitalists who transformed americas future. But no book has connected the dots to the nuances and subtleties of how this whoring works as effectively as noncompliant. Libraries jay gould was the robber barons robber baron. Though reviled for more than a century as wall street s greatest villain, jay gould was in fact its most original creative genius. Rockefeller was oil, carnegie was steel, vanderbilt was steamships and railroads gould was yes, railroads but more accurately, the financial genius on wall street. Sep 01, 2018 one of the most frequent questions i get asked is. This book was first written in 1934 and remains the definite description of the robber barons. The reputation of daniel drew 1797 1879 was ruined when he introduced watered stock to wall street consisting of company shares that were issued by false means including counterfeit. In the spirit of evicted, bait and switch, and the big short, a shocking, heartwrenching investigation into americas housing crisis and the modernday robber barons who are making a fortune off the backs of the disenfranchised working and. With lawrence arancio, heidi armbruster, omri ayalon, lauren decierdo. Jul 31, 2005 dark genius of wall street the misunderstood life of jay gould, king of the robber barons.