LEADER 00000pam  2200409 i 4500 
003    DLC 
005    20210526085200.9 
008    201013s2021    nyua     b    001 0 eng   
010      2020019212 
020    9781594206610|q(hardcover) 
040    LBSOR/DLC|beng|erda|cDLC|dGCmBT|dUtOrBLW 
042    pcc 
043    n-us-ny|an-us--- 
082 00 332.1/230973|223 
092    332.123|bKAR 
100 1  Karabell, Zachary,|eauthor. 
245 10 Inside money :|bBrown Brothers Harriman and the American 
       way of power /|cZachary Karabell. 
264  1 New York :|bPenguin Press,|c2021. 
300    viii, 438 pages :|billustrations ;|c25 cm 
336    text|btxt|2rdacontent 
337    unmediated|bn|2rdamedia 
338    volume|bnc|2rdacarrier 
504    Includes bibliographical references (pages 409-425) and 
       index. 
505 00 |tComing to America --|tThe B&O --|tEverybody is 
       speculating --|tDreams of The Arctic --|tA very Civil War 
       --|tA nice sense of commercial honor --|tNothing is 
       impossible --|tThe Republic of Brown Brothers --|tSaving 
       money --|tThe tapped --|tThe business of America --|tFrom 
       the ashes --|t"We were very hard workers" --|tA call to 
       service --|tThe wise men --|tIn the valley --|tWhen is 
       enough enough? 
520    "From an acclaimed historian and financial analyst, the 
       first definitive history of the legendary private 
       investment firm Brown Brothers Harriman - and through it, 
       the rise to world power of the so-called American 
       Establishment. 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 every generation, 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 avoiding unwelcome 
       attention. By the turn of the 20th century, Brown Brothers
       was at the heart of what was meant by the American 
       Establishment. As America's reach extended beyond its 
       shores, Brown Brothers was there, often working hand in 
       glove with the State Department, as in Nicaragua in the 
       1910's, when the firm was essentially empowered to take 
       over the country's economy. To the Browns, virtuousness 
       was a given; in that spirit they supported the elite 
       institutions that forged successive generations of 
       leaders. When, during the Great Depression, Brown Brothers
       ensured their strength by merging with Averell Harriman's 
       investment bank to form Brown Brothers Harriman, the die 
       was cast for the role the firm would play on the world 
       stage during World War 2 and thereafter. Its core 
       leadership cadre, including Harriman, Robert Lovett, and 
       Prescott Bush, all Skull and Bones men from Yale, played a
       central role in erecting the architecture of the postwar 
       order, with the US dollar at its heart. In Inside Money, 
       Zachary Karabell offers the first full and frank look 
       inside this very private institution as a prime mover in 
       the larger American story. Blessed with complete access to
       the company's archives and a thrillingly strong grasp of 
       the bigger picture, Karabell has written in effect an x-
       ray film of American power from 1818 to the present"--
       |cProvided by publisher. 
610 20 Brown Brothers & Company|xHistory. 
610 20 Brown Brothers, Harriman & Co.|xHistory. 
650  0 Private banks|zNew York (State)|zNew York|xHistory. 
650  0 Private banks|zUnited States|xHistory. 
650  0 Investment banking|zUnited States|xHistory. 
650  0 Merchant banks|zUnited States|xHistory. 
650  0 Banks and banking|xPolitical aspects|zUnited States
       |xHistory. 
650  0 Capitalism|zUnited States|xHistory. 
651  0 United States|xEconomic conditions. 
651  0 United States|xForeign economic relations.