Description
Book SynopsisRecounts the colourful history of America's love-hate relationship with Wall Street. Spanning the years from the first Wall Street panic of 1792 to the dot.com bubble-and-bust and Enron scandals of our own time, this book features stories and portraits of such larger-than-life figures as J P Morgan, Cornelius Vanderbilt and Michael Milken.
Trade Review“In this age of agitated amnesiacs, Americans have forgotten that nothing is new – that in other times money and power were forged into a conspiracy against the public. Steve Fraser connects vividly to that past, reminding us that this present financial crisis is not the first time our hearts have been broken by Wall Street peddlers of the American Dream.” – Bill Moyers
-- Bill Moyers
"This book is written with Fraser’s customary panache and scrupulous attention to detail. If you’re after a fascinating take on one of our ultimate icons, this is it.”—Mike Wallace, John Jay College (CUNY), co-author of
Gotham: A History of New York City to 1898 -- Mike Wallace
"Provides a rich historical context from which to reflect on the purpose and morality of our financial markets."—Robert Shiller, author of
Irrational Exuberance -- Robert Shiller
"I don't know of a better book about Wall Street's hold on the American imagination. Were it to be listed as a stock on the New York exchange, I'd bet on the quadrupling of its price in the first day's trading."—Lewis Lapham -- Lewis Lapham
"Fraser is almost lyrical as he weaves together his tale of how the image of Wall Street fits into American culture and mythology. . . . His book is . . . recommended for larger business collections in both public and academic libraries."—
Library Journal * Library Journal *
"Fraser . . . reviews the complictaed love-hate relationship between Americans and the financial markets by using Wall Street as the symbol of money and its power. . . . This is an excellent book that traces the history of Wall Street through those who shaped it, for better or for worse."—
Booklist * Booklist *
"The history of American attitudes toward the financiers of Wall Street, as shown in newspapers, novels and prosecutions, is the subject of Fraser's book. It's a remarkable tale, not just for the plain facts of what they did but also for the dramatic swings in their image. Were they heroes or con men, aristocrats or immoral scoundrels? It depended on the era, and to some extent on whether their successes seemed to be enriching the rest of us."—Floyd Norris,
New York Times Book Review -- Floyd Norris * New York Times Book Review *
"Wall Street is the fabled heart of American capitalism. And according to historian and author Steve Fraser, four metaphorical images are central to the Wall Street mystique: The Aristocrat, The Confidence Man, The Hero, and The Immoralist. In his delightfully written, sweeping history
Wall Street, he shows how those four types have continually appeared and re-appeared throughout U.S. stock market and business history, as citizens react to the ups and downs of the business cycles and the towering figures who dominated each era."—David D'Alessandro,
Toronto Globe & Mail -- David D'Alessandro * Toronto Globe & Mail *
"The history of American attitudes toward the financiers of Wall Street . . . [is] a remarkable tale. . . . Were they heroes or con men, aristocrats or immoral scoundrels?"—Floyd Norris,
New York Times Book Review -- Floyd Norris * New York Times Book Review *
"In his delightfully written, sweeping history
Wall Street, [Fraser] shows how . . . citizens react to the ups and downs of the business cycles and the towering figures who dominated each era."—David D'Alessandro,
Toronto Globe & Mail -- David D'Alessandro * Toronto Globe & Mail *
"Fraser is almost lyrical as he weaves together his tale of how the image of Wall Street fits into American culture and mythology."—
Library Journal * Library Journal *
“Fraser is the foremost chronicler of the nation's love-hate, codependent relationship with Wall Street.”—Greg Burns, Chicago Tribune
-- Greg Burns * Chicago Tribune *
“This interesting history . . . will appeal to anyone interested in financial history or the development of Wall Street. . . . Recommended. All collections.”—Choice
* Choice *
