Inside Money - Brown Brothers Harriman and the American Way of Power
epub | 19.89 MB | English | Isbn: 1594206619 | Author: Zachary Karabell | Year: 2021
Description:
A sweeping history of the legendary private investment firm Brown Brothers Harriman, exploring its central role in the story of American wealth and its rise to global power.
Conspiracy theories have always swirled around Brown Brothers Harriman, and not without reason. Throughout the 19th century, when America was convulsed by a devastating financial panic essentially every twenty years, Brown Brothers quietly went from strength to strength, propping up the US financial system at crucial moments and catalyzing successive booms, from the cotton trade and the steam ship to the railroad, while managing to avoid unwelcome attention that plagued some of its competitors. By the turn of the 20th century, Brown Brothers was unquestionably at the heart of what was meant by an American Establishment. As America's reach extended beyond its shores, Brown Brothers worked hand in glove with the State Department, notably in Nicaragua in the early 20th century, where the firm...
Category:Banks & Banking, Company Histories, Banks & Banking