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The Money Kings: The Epic Story of the Jewish Immigrants Who Transformed Wall Street and Shaped Modern America

Name: The Money Kings: The Epic Story of the Jewish Immigrants Who Transformed Wall Street and Shaped Modern America
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Book Synopsis: The incredible saga of the German-Jewish immigrants—with now familiar names like Goldman and Sachs, Kuhn and Loeb, Warburg and Schiff, Lehman and Seligman—who profoundly influenced the rise of modern finance (and so much more), from the New York Times best-selling author of Sons of Wichita. Joseph Seligman arrived in the United States in 1837, with the equivalent of $100 sewn into the lining of his pants. Then came the Lehman brothers, who would open a general store in Montgomery, Alabama. Not far behind were Solomon Loeb and Marcus Goldman, among the “Forty-Eighters” fleeing a Germany that had relegated Jews to an underclass. These industrious immigrants would soon go from peddling trinkets and buying up shopkeepers’ IOUs to forming what would become some of the largest investment banks in the world—Goldman Sachs, Kuhn Loeb, Lehman Brothers, J. & W. Seligman & Co. They would clash and collaborate with J. P. Morgan, E. H. Harriman, Jay Gould, and other famed tycoons of the era. And their firms would help to transform the United States from a debtor nation into a financial superpower, capitalizing American industry and underwriting some of the twentieth century’s quintessential companies, like General Motors, Macy’s, and Sears. Along the way, they would shape the destiny not just of American finance but of the millions of Eastern European Jews who spilled off steamships in New York Harbor in the early 1900s, including Daniel Schulman’s paternal grandparents. In The Money Kings, Schulman unspools a sweeping narrative that traces the interconnected origin stories of these financial dynasties. He chronicles their paths to Wall Street dominance, as they navigated the deeply antisemitic upper class of the Gilded Age, and the complexities of the Civil War, World War I, and the Zionist movement that tested both their burgeoning empires and their identities as Americans, Germans, and Jews.

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Are you fascinated by the history of finance and the influential figures who shaped Wall Street? Look no further than "The Money Kings: The Epic Story of the Jewish Immigrants Who Transformed Wall Street and Shaped Modern America." From the New York Times best-selling author of "Sons of Wichita," this gripping saga delves into the lives of German-Jewish immigrants who revolutionized modern finance.

Step back in time and follow the footsteps of Joseph Seligman, who arrived in the United States in 1837 with only $100 hidden in his pants. Witness the rise of the Lehman brothers, who started their journey by opening a humble general store in Montgomery, Alabama. Tracing the stories of Solomon Loeb, Marcus Goldman, and other immigrant visionaries, this book reveals how they triumphed over adversity and transformed from peddlers to founders of some of the world’s largest investment banks.

Immerse yourself in the intricate web of alliances and rivalries as these pioneers clash and collaborate with iconic figures like J. P. Morgan, E. H. Harriman, and Jay Gould. Discover how their firms shaped the destiny of American finance, turning the United States from a debtor nation into a global economic powerhouse. Through their involvement with companies such as General Motors, Macy's, and Sears, they left an indelible mark on the 20th century.

But this is not just a story of finance; it is a tale of cultural identity and overcoming adversity. Explore how these immigrant families dealt with the deeply entrenched antisemitism of the Gilded Age. Witness their struggles during the Civil War, World War I, and the rise of the Zionist movement. Delve into the complexities of their lives as Americans, Germans, and Jews, ultimately shaping not only the world of finance but also the lives of millions of Eastern European Jews who sought refuge in America.

Don't miss the opportunity to be inspired by this sweeping narrative that traces the origin stories of financial dynasties. "The Money Kings" by Daniel Schulman is a captivating journey through history, love, and ambition that will leave you in awe. Read it now and be transported to an era where dreams were forged and fortunes were made.

Get your copy of "The Money Kings" today!

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