The Masters Of Capital

""The Masters of Capital: A Chronicle of Wall Street"" is a historical account of the rise of Wall Street and its most influential figures. Written by John Moody, a renowned financial journalist and founder of Moody's Investors Service, the book chronicles the evolution of Wall Street from its early days to the present, highlighting the key players and events that have shaped its history. The book begins with the founding of the New York Stock Exchange in 1792 and traces the development of the financial industry through the 19th and 20th centuries. It covers the growth of the banking industry, the rise of the railroad and oil industries, the stock market crash of 1929, and the subsequent Great Depression. Moody provides detailed biographies of the most prominent figures on Wall Street, including J.P. Morgan, John D. Rockefeller, Andrew Carnegie, and Cornelius Vanderbilt, among others. He also explores the role of government regulation in the financial industry, from the creation of the Federal Reserve in 1913 to the Dodd-Frank Act of 2010. Throughout the book, Moody offers insights into the motivations and strategies of the masters of capital, revealing how they amassed their fortunes and exerted their influence over the financial industry. He also examines the impact of their actions on the wider economy, including the effects of monopolies, corporate mergers, and financial crises. ""The Masters of Capital"" is a comprehensive and engaging account of the history of Wall Street. It offers readers a fascinating glimpse into the world of high finance and the individuals who have shaped it over the past two centuries.This scarce antiquarian book is a facsimile reprint of the old original and may contain some imperfections such as library marks and notations. Because we believe this work is culturally important, we have made it available as part of our commitment for protecting, preserving, and promoting the world's literature in affordable, high quality, modern editions, that are true to their original work.