Daniel Schulman Bücher

Starting with their boyhood when fraternal disputes were sometimes settled in the boxing ring, this title takes you inside this highly private family and traces the evolution of these four distinct personalities as well as their corporate, philosophical, social and political ambitions (many forget David Koch ran as the Libertarian Party's VP candidate in 1980). Influenced by the conservative, anti-communist sentiments of their father, a founding member of the John Birch Society, Charles and David devised an ambitious strategy to foist their ideological agenda upon the nation-quietly channeling millions of dollars of their fortune into a web of freemarket think tanks, academic programs, advocacy groups, and more, while also building what amounts to a shadow Republican Party, replete with a donor network capable of raising as much in an election cycle as the Republican National Committee

The narrative explores the remarkable journey of German-Jewish immigrants and their significant impact on the development of modern finance. Through the lens of notable figures such as Goldman, Sachs, and Warburg, the book delves into their contributions and the broader cultural and economic transformations they spurred. The author, known for his best-selling work, provides an insightful look into how these immigrants shaped financial institutions and left a lasting legacy in the industry and beyond.

"The saga of the German-Jewish immigrants-with now familiar names like Goldman and Sachs, Kuhn and Loeb, Lehman and Seligman-who built the modern American finance system and shaped the world economy, from the New York Times bestselling 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 Henry and Emanuel Lehman, who would open a general store in Montgomery, Alabama. Not far behind was 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 the largest investment banks in the world, underwriting businesses like Sears, General Motors, and Macy's that have long defined the face of a nation. In Money Kings, Daniel Schulman follows these dynasties through their earliest gambits; their major business deals and ascent to the deeply antisemitic upper class of the Gilded Age; the complexities of the Civil War, World War I, and the Zionist movement that tested their fractured identities; and their enduring effect on the many non-German Jewish immigrants who came spilling off steamships in New York Harbor in the early 1900s, including Schulman's grandparents. With the dynamic banker and philanthropist Jacob Schiff leading the way, The Money Kings is an engrossing tale about materialism and moralism, family successions and alliances, and the immigrants who dreamed America into being"-- Provided by publisher