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The House of Morgan Summary & Study Guide Description
The House of Morgan Summary & Study Guide includes comprehensive information and analysis to help you understand the book. This study guide contains the following sections:
This detailed literature summary also contains Topics for Discussion and a Free Quiz on The House of Morgan by Ron Chernow.
The House of Morgan Plot Summary
Preview of The House of Morgan Summary:
The House of Morgan by Ron Chernow is a well-written and very interesting history of the Morgan banking dynasty. It explains how George Peabody opens the company called George Peabody and Company and, since he has no heirs, brings in Junius Morgan as a partner in 1854. When Peabody retires, Morgan has the business but cannot use the Peabody name. Morgan is upset because Peabody is a well-respected name in the banking world. Junius renames the business J.S. Morgan and Company. This is the bank that becomes the House of Morgan, an international banking empire.
Chernow tells the history of the House of Morgan, basically the history of the financial world. The House of Morgan is the banker for royalty and nations, including the Vatican. For many years, they are more powerful than most governments who, up until the time of World War II have to rely on private bankers...
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This section contains 479 words (approx. 2 pages at 300 words per page) |
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