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MORGAN

AMERICAN FINANCIER

A superbly researched, well-written biography of a great—and, in the author’s view, somewhat misrepresented—figure in American history. J. Pierpont Morgan’s (1837—1913) every touch, it seemed, yielded pure gold. Some of his contemporaries admired his skill at making money, whereas most others despised him. Bancroft Prize-winning biographer Strouse (Alice James, 1980) writes that their disdain, fueled by populist and progressive views, has colored the historical take on Morgan such that he’s seen “as an icon of capitalist greed”—as mere robber baron and plutocrat. She paints a far more complex portrait of someone who, she argues, deserves to be rated as the chief architect of American industrial democracy. At his death, Morgan was the world’s most prominent banker; he—d overseen the economic restructuring of America from a debtor nation into self-sufficiency; he built railroads, engineered the mergers of huge corporations (to form, for instance, US Steel), and surrounded himself with rare works of art and literature, now housed in some of the nation’s leading museums and libraries. He accomplished all this, says Strouse, with a forceful intellect and a strong character—but also by taking any number of ethical shortcuts: He amassed an early fortune, for example, through profiteering in the Civil War. The author recognizes that Morgan’s critics, then as now, had reason to resent the man; after all, he controlled a huge share of the international economy and did much to break unions and thwart the ambitions of workers’ organizations. He showed little regard for “class conflicts and social problems,” and evidently believed that “his financial expertise conferred political prerogatives, and that his larger concerns took precedence over the interests of the people who opposed him.” Still, Strouse gives us an eminently human version of Morgan as a man guided always by profit but not without a sense of of social responsibility, a figure who, for good or ill, contributed in many ways to the structure of the modern world. Especially at a time when American wealth and monopoly again reign, this life of a notable dollar-diplomat is most welcome. (b&w photos, not seen) (Author tour)

Pub Date: April 1, 1999

ISBN: 0-375-50166-5

Page Count: 800

Publisher: Random House

Review Posted Online: May 19, 2010

Kirkus Reviews Issue: Feb. 1, 1999

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THE PURSUIT OF HAPPYNESS

FROM MEAN STREETS TO WALL STREET

Well-told and admonitory.

Young-rags-to-mature-riches memoir by broker and motivational speaker Gardner.

Born and raised in the Milwaukee ghetto, the author pulled himself up from considerable disadvantage. He was fatherless, and his adored mother wasn’t always around; once, as a child, he spied her at a family funeral accompanied by a prison guard. When beautiful, evanescent Moms was there, Chris also had to deal with Freddie “I ain’t your goddamn daddy!” Triplett, one of the meanest stepfathers in recent literature. Chris did “the dozens” with the homies, boosted a bit and in the course of youthful adventure was raped. His heroes were Miles Davis, James Brown and Muhammad Ali. Meanwhile, at the behest of Moms, he developed a fondness for reading. He joined the Navy and became a medic (preparing badass Marines for proctology), and a proficient lab technician. Moving up in San Francisco, married and then divorced, he sold medical supplies. He was recruited as a trainee at Dean Witter just around the time he became a homeless single father. All his belongings in a shopping cart, Gardner sometimes slept with his young son at the office (apparently undiscovered by the night cleaning crew). The two also frequently bedded down in a public restroom. After Gardner’s talents were finally appreciated by the firm of Bear Stearns, his American Dream became real. He got the cool duds, hot car and fine ladies so coveted from afar back in the day. He even had a meeting with Nelson Mandela. Through it all, he remained a prideful parent. His own no-daddy blues are gone now.

Well-told and admonitory.

Pub Date: June 1, 2006

ISBN: 0-06-074486-3

Page Count: 320

Publisher: Amistad/HarperCollins

Review Posted Online: May 19, 2010

Kirkus Reviews Issue: March 15, 2006

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BLACK BOY

A RECORD OF CHILDHOOD AND YOUTH

This autobiography might almost be said to supply the roots to Wright's famous novel, Native Son.

It is a grim record, disturbing, the story of how — in one boy's life — the seeds of hate and distrust and race riots were planted. Wright was born to poverty and hardship in the deep south; his father deserted his mother, and circumstances and illness drove the little family from place to place, from degradation to degradation. And always, there was the thread of fear and hate and suspicion and discrimination — of white set against black — of black set against Jew — of intolerance. Driven to deceit, to dishonesty, ambition thwarted, motives impugned, Wright struggled against the tide, put by a tiny sum to move on, finally got to Chicago, and there — still against odds — pulled himself up, acquired some education through reading, allied himself with the Communists — only to be thrust out for non-conformity — and wrote continually. The whole tragedy of a race seems dramatized in this record; it is virtually unrelieved by any vestige of human tenderness, or humor; there are no bright spots. And yet it rings true. It is an unfinished story of a problem that has still to be met.

Perhaps this will force home unpalatable facts of a submerged minority, a problem far from being faced.

Pub Date: Feb. 28, 1945

ISBN: 0061130249

Page Count: 450

Publisher: N/A

Review Posted Online: Oct. 7, 2011

Kirkus Reviews Issue: Feb. 1, 1945

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