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Author: Patrea Patrick
Publisher: Createspace Independent Publishing Platform
ISBN: 9781530939206
Category : Bankers
Languages : en
Pages : 390
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Book Description
In New York 1907, the year of the banking crash, thousands lined the streets trying to get their money out of the failing banks. J.P. Morgan saw an opportunity for his plans to expand his Empire. On a night in November just before Thanksgiving, a list of powerful bankers and politicians, only to be known by their first names, were invited to Senator Aldrich's private rail car for a thousand-mile train trip to a secret destination. One by one these men boarded the car, and told of the departure to Jekyll Island. It was said it was to be a duck hunt. But why go such a distance? 'Why not stay close to New York?' the men grumbled. Although competitors, their curiosity won over their disdain. The meeting was so shrouded in mystery that the island servants were let go and new ones hired for this occasion. In the private island clubhouse, as they drank eighty year old scotch, plans were laid that would change the face of banking forever!
Author: Patrea Patrick
Publisher: Createspace Independent Publishing Platform
ISBN: 9781530939206
Category : Bankers
Languages : en
Pages : 390
Get Book Here
Book Description
In New York 1907, the year of the banking crash, thousands lined the streets trying to get their money out of the failing banks. J.P. Morgan saw an opportunity for his plans to expand his Empire. On a night in November just before Thanksgiving, a list of powerful bankers and politicians, only to be known by their first names, were invited to Senator Aldrich's private rail car for a thousand-mile train trip to a secret destination. One by one these men boarded the car, and told of the departure to Jekyll Island. It was said it was to be a duck hunt. But why go such a distance? 'Why not stay close to New York?' the men grumbled. Although competitors, their curiosity won over their disdain. The meeting was so shrouded in mystery that the island servants were let go and new ones hired for this occasion. In the private island clubhouse, as they drank eighty year old scotch, plans were laid that would change the face of banking forever!
Author: G. Edward Griffin
Publisher: American Media (CA)
ISBN:
Category : Biography & Autobiography
Languages : en
Pages : 636
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Book Description
Author: William Greider
Publisher: Simon and Schuster
ISBN: 0671675567
Category : Business & Economics
Languages : en
Pages : 804
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Book Description
Reveals how the Federal Reserve under Paul Volcker engineered changes in America's economy.
Author: Colleen Coble
Publisher: Thomas Nelson
ISBN: 0785228586
Category : Fiction
Languages : en
Pages : 353
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Book Description
In this gripping standalone novel from USA TODAY bestselling romantic suspense author Colleen Coble, a wealthy hotel heiress goes to Jekyll Island certain her friend's death wasn't an accident--and gets more than she bargained for when the killer begins to play mind games with her. Even though Torie Bergstrom hasn't been back to Georgia since she was ten, she was happy to arrange a job for her best friend at one of the family properties on Jekyll Island. But when Torie learns that Lisbeth has drowned, she knows it is more than a tragic accident: Lisbeth was terrified of water and wouldn't have gone swimming by choice. Torie goes to the hotel under an alias, desperate to find answers. When she meets Joe Abbott and his daughter while they are rescuing baby sea turtles, she can only hope they are as trustworthy as they seem. And when someone begins to play mind games with her, proving they know her real identity, Torie couldn't be more grateful to have an ally. The more Torie and Joe dig, the more elusive the truth seems. But one thing is clear: someone will risk anything--even another murder--to keep their secrets buried. A Stranger's Game will keep you guessing until the very end with its complex puzzle, threats from both the past and the present, clean romance, and fascinating glimpses into the sea life around Jekyll Island. Discussion questions for book clubs are also included.
Author: William Barton McCash
Publisher: University of Georgia Press
ISBN: 9780820310701
Category : History
Languages : en
Pages : 276
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Book Description
From its inception in 1886, the Jekyll Island Club included in its elite membership the nation's wealthiest families, among them the Rockefellers, Pulitzers, Vanderbilts, and Morgans. Far from the hectic northern cities where the members tended their fortunes, this private island refuge off Georgia's coast offered the wealthy a tranquil change of pace. Bringing together more than 240 fascinating photographs, Barton and June McCash trace the sixty-two-year history of this exclusive retreat whose members at one time were reputed to represent one-seventh of the nation's wealth. From the time of the club's opening, members came to Jekyll Island each winter to seek elegant leisure, arriving on yachts or in private train cars from New York, Boston, Chicago, and Philadelphia. Capturing the lives and amusements of the very wealthy, this evocative photographic history presents descriptions of elaborate costume balls and playful outdoor parties; the Rockefeller clan gathering at water's edge and J. P. Morgan lounging by the pool; Victor Astor's "patented beach boat" and the Goulds' private indoor tennis court; the Vanderbilts' yacht anchored offshore and the imposing "cottages" built by individual members. During their stays, members amused themselves in a variety of pursuits. In the 1890s they organized bicycling clubs and held races on the beach. Hunting was also for a time a favorite activity and the island was regularly stocked with imported wildlife--pheasant, quail, turkey, and bucks. By 1919, however, the game committee had dwindled to one member, and prime hunting grounds had been cleared for golf courses and tennis courts. The hub of the island's social life, however, was the clubhouse, where members gathered in formal attire to converse, while drinking fine wine and dining on freshly caught game and local delicacies. The seclusion that Jekyll Island offered was not impenetrable. On the day after Christmas in 1900, the country's fascination with technology could no longer be resisted, and the sound of a gasoline automobile disturbed the island's quiet glades for the first time. Despite the immense wealth of the club, it was not immune to the stock market crash of 1893 and the Panic of 1907. The club managed to survive World War I intact and enjoyed a "golden age" from 1919 to 1927, during which time it held its own against the increasingly popular Florida resorts. The stock market crash of 1929, however, initiated a death spiral. Membership declined steadily throughout the 1930s, and when the United States entered World War II, the club closed its doors forever. Based on surviving club records, newspaper accounts, and letters and diaries of members and guests, The Jekyll Island Club chronicles an era when leisure was the preserve of the wealthy. For more than six decades the island, now a state park, served as a haven for millionaires. As one visitor described the Jekyll Island Club, it was "the only place of its kind in the world--and will never be again."
Author: June Hall McCash
Publisher:
ISBN: 9780984435418
Category : Fiction
Languages : en
Pages : 0
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Book Description
Almost to Eden is the captivating fictional narrative of an Irish immigrant, Maggie O'Brien, whose life intertwines with members and workers of the historic Jekyll Island Club. Seeking a new Eden in America, she discovers that freedom and justice, even in the new world, do not always triumph over wealth and power. In the process of her journey, Maggie finds and loses the things she loves most, but grace and courage lead her toward a fulfillment she never thought to find.
Author: Allyn Lord
Publisher: Arcadia Publishing
ISBN: 9780738543369
Category : History
Languages : en
Pages : 132
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Book Description
Situated in a lush, spring-fed valley, the town of Silver Springs in Northwest Arkansas was once home to a small community of people who farmed, enjoyed the riches of rural life, and gathered at the local auditorium, gristmill, or tavern. Their world was forever changed in 1900 with the arrival of William Hope "Coin" Harvey. A fervent supporter of the "free silver" movement in the 1890s, Harvey had become disgruntled with the American financial system. Retreating to the pastoral valley, Harvey purchased 320 acres, renamed the community Monte Ne, and began to build a grand resort. It attracted visitors from across the country with its fertile landscape, large hotels, and private rail line. By the 1920s, Harvey had turned his attention to building a large "time capsule" pyramid, of which only the foyer, or amphitheater, was completed.
Author: Ron Chernow
Publisher: Vintage
ISBN: 0525431837
Category : History
Languages : en
Pages : 882
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Book Description
From the Pulitzer Prize–winning bestselling author of Alexander Hamilton, the inspiration for the hit Broadway musical, comes this definitive biography of the Warburgs, one of the great German-Jewish banking families of the twentieth century. Bankers, philanthropists, scholars, socialites, artists, and politicians, the Warburgs stood at the pinnacle of German (and, later, of German-American) Jewry. They forged economic dynasties, built mansions and estates, assembled libraries, endowed charities, and advised a German kaiser and two American presidents. But their very success made the Warburgs lightning rods for anti-Semitism, and their sense of patriotism became increasingly dangerous in a Germany that had declared Jews the enemy. Ron Chernow's hugely fascinating history is a group portrait of a clan whose members were renowned for their brilliance, culture, and personal energy yet tragically vulnerable to the dark and irrational currents of the twentieth century.
Author: James Freeman
Publisher: HarperCollins
ISBN: 0062669885
Category : Business & Economics
Languages : en
Pages : 226
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Book Description
The disturbing, untold story of one of the largest financial institutions in the world, Citigroup—one of the " too big to fail" banks—from its founding in 1812 to its role in the 2008 financial crisis, and the many disasters in between. During the 2008 financial crisis, Citi was presented as the victim of events beyond its control—the larger financial panic, unforeseen economic disruptions, and a perfect storm of credit expansion, private greed, and public incompetence. To save the economy and keep the bank afloat, the government provided huge infusions of cash through multiple bailouts that frustrated and angered the American public. But, as financial experts James Freeman and Vern McKinley reveal, the 2008 crisis was just one of many disasters Citi has experienced since its founding more than two hundred years ago. In Borrowed Time, they reveal Citi’s history of instability and government support. It’s not a story that either Citi or Washington wants told. From its founding in 1812 and through much of its history the bank has been tied to the federal government—a relationship that has benefited both. Many of its initial stockholders had owned stock in the Bank of the United States, and its first president, Samuel Osgood, had been a member of the Continental Congress and America’s first Postmaster General. From its earliest years, Citi took massive risks that led to crisis. But thanks to private investors, including John Jacob Astor, they survived throughout the nineteenth century. In the twentieth century, Senator Carter Glass blamed Citi CEO "Sunshine Charlie" Mitchell for the 1929 stock market crash, and the bank was actually in violation of the senator’s signature achievement, the Glass-Steagall law, in the late 1990s until then U.S. Treasury Secretary Robert Rubin engineered the law’s repeal. Rubin later became the chairman of the executive committee of Citigroup, helping to oversee the bank as it ramped up its increasing mortgage risks before the 2008 crash. The scale of the financial panic of 2008 was not, as the media and experts claim, unprecedented. As Borrowed Time shows, disasters have been relatively frequent during the century of government-protected banking—especially at Citi.
Author: Nomi Prins
Publisher: Bold Type Books
ISBN: 1568584911
Category : Political Science
Languages : en
Pages : 546
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Book Description
A groundbreaking narrative of how an elite group of men transformed the American economy and government, dictated foreign and domestic policy, and shaped world history. Culled from original presidential archival documents, All the Presidents' Bankers delivers an explosive account of the hundred-year interdependence between the White House and Wall Street that transcends a simple analysis of money driving politics-or greed driving bankers. Nomi Prins ushers us into the intimate world of exclusive clubs, vacation spots, and Ivy League universities that binds presidents and financiers. She unravels the multi-generational blood, intermarriage, and proté relationships that have confined national influence to a privileged cluster of people. These families and individuals recycle their power through elected office and private channels in Washington, DC. From the Panic of 1907 to the financial crisis of 2008, this unprecedented history of American power illuminates how the same financiers retained their authoritative position through history, swaying presidents regardless of party affiliation. All the Presidents' Bankers explores the alarming global repercussions of a system lacking barriers between public office and private power. Prins leaves us with an ominous choice: either we break the alliances of the power elite, or they will break us.
