American Rascal : How Jay Gould Built Wall Street's Biggest Fortune by Greg Steinmetz (2022, Hardcover)

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About this product

Product Identifiers

PublisherSimon & Schuster
ISBN-101982107405
ISBN-139781982107406
eBay Product ID (ePID)17057287235

Product Key Features

Book TitleAmerican Rascal : How Jay Gould Built Wall Street's Biggest Fortune
Number of Pages320 Pages
LanguageEnglish
TopicRich & Famous, Finance / General, United States / 19th Century, Investments & Securities / General, Business
Publication Year2022
GenreBiography & Autobiography, Business & Economics, History
AuthorGreg Steinmetz
FormatHardcover

Dimensions

Item Height1.1 in
Item Weight18.4 Oz
Item Length9 in
Item Width6 in

Additional Product Features

Intended AudienceTrade
LCCN2021-042306
Dewey Edition23
Reviews"An engaging portrait of the hidden genius of railroad magnate Jay Gould and the era of bare-knuckle capitalism he wrought... American Rascal masterfully charts Gould's remarkable rise from the backwaters of commerce to his rightful place, alongside Vanderbilt and Rockefeller, as one of the leading industrialists and financiers of America. A must-read for anyone seeking to understand how money is made-- and lost." -- Anita Raghavan, author of The Billionaire's Apprentice: The Rise of the Indian-American Elite and the Fall of the Galleon Hedge Fund "A captivating re-examination of Jay Gould, one of history's most important and infamous financial speculators, and a wildly entertaining look at Wall Street's Wild West era." - Gregory Zuckerman, writer at The Wall Street Journal, and author of A Shot to Save the World: The Inside Story of the Life-or-Death Race for a COVID-19 Vaccine
Dewey Decimal332.6092
SynopsisThe gripping biography of Jay Gould, the greatest 19th-century robber barons, whose brilliance, greed, and bare-knuckled tactics made him richer than Rockefeller and led Wall Street to institute its first financial reforms. Had Jay Gould put his name on a university or concert hall, he would undoubtedly have been a household name today. The son of a poor farmer whose early life was marked by tragedy, Gould saw money as the means to give his family a better life...even if, to do so, he had to pull a fast one on everyone else. After entering Wall Street at the age of twenty-four, he quickly became notorious when he paralyzed the economy and nearly toppled President Ulysses S. Grant in the Black Friday market collapse of 1869 in an attempt to corner the market on gold--an event that remains among the darkest days in Wall Street history. Through clever financial maneuvers, he gained control over one of every six miles of the country's rapidly expanding network for railroad tracks--coming close to creating the first truly transcontinental railroad and making himself one of the richest men in America. American Rascal shows Gould's complex, quirky character. He was at once praised for his brilliance by Rockefeller and Vanderbilt and condemned for forever destroying American business values by Mark Twain. He lived a colorful life, trading jokes with Thomas Edison, figuring Thomas Nast's best sketches, paying Boss Tweed's bail, and commuting to work in a 200-foot yacht. Gould thrived in an expanding, industrial economy in which authorities tolerated inside trading and stock price manipulation because they believed regulation would stifle progress. But by taking these practices to new levels, Gould showed how unbridled capitalism was, in fact, dangerous for the American economy. This eye-opening history explores Gould's audacious exploitation of economic freedom triggered the first public demands for financial reform--a call that still resonates today., From an acclaimed financial historian comes the first ever biography of Jay Gould, the greatest of the 19th century robber barons, whose brilliance, greed, and bare-knuckled tactics made him richer than Rockefeller and led Wall Street to rethink its free-for-all culture and institute its first financial reforms.
LC Classification NumberHG172.G65S77 2022

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