A readable, unfailingly interesting study on the making of the American century.
Historian Karabell examines the long history of a financial services firm that exercised outsize power in the political sphere.
Brown Brothers, a firm as old as the nation, merged in the Depression with a smaller firm headed by Prescott Bush, whose family and fortunes were intertwined with those of Averell Harriman, “the debonair yet tight-lipped eldest son of the pugnacious railroad baron E.H. Harriman.” Brown Brothers had avoided investing in railroads in generations past, which made the merger seem unlikely, and the two firms operated very differently, the one using private resources, the other borrowing widely. Still, Brown Brothers Harriman “became a pillar of what would soon be called the American Establishment.” In the next decade, the firm would also become an agent for the exportation of American capitalism as a means of containing Soviet ambitions. Karabell digs deep into the history of the intertwined firm, sometimes revealing uncomfortable truths, such as Brown Brothers’ deep involvement in the Southern cotton economy and thus implication in the institution of slavery. In the balance, however, the more important story is the wedding of American money to global power. In the postwar era, the U.S. became a creditor and not a debtor nation, and members of the firm took political positions in diplomacy and defense and helped administer foreign-aid efforts such as the Marshall Plan. “In a few short years,” Karabell writes, “they succeeded beyond all measure in erecting a system of laws and institutions and the primacy of the dollar that came to govern almost every country on the planet by the end of the twentieth century.” They also exhibited a form of financial conservatism that would soon give way to the wild, risky speculation of the 1970s and beyond, a conservatism that Karabell counsels would serve us well today.
A readable, unfailingly interesting study on the making of the American century.Pub Date: May 18, 2021
ISBN: 978-1-59420-661-0
Page Count: 448
Publisher: Penguin Press
Review Posted Online: May 3, 2021
Kirkus Reviews Issue: May 15, 2021
Dogged original research and superb narrative skills come together in this gripping account of pitiless evil.
Greed, depravity, and serial murder in 1920s Oklahoma.
During that time, enrolled members of the Osage Indian nation were among the wealthiest people per capita in the world. The rich oil fields beneath their reservation brought millions of dollars into the tribe annually, distributed to tribal members holding "headrights" that could not be bought or sold but only inherited. This vast wealth attracted the attention of unscrupulous whites who found ways to divert it to themselves by marrying Osage women or by having Osage declared legally incompetent so the whites could fleece them through the administration of their estates. For some, however, these deceptive tactics were not enough, and a plague of violent death—by shooting, poison, orchestrated automobile accident, and bombing—began to decimate the Osage in what they came to call the "Reign of Terror." Corrupt and incompetent law enforcement and judicial systems ensured that the perpetrators were never found or punished until the young J. Edgar Hoover saw cracking these cases as a means of burnishing the reputation of the newly professionalized FBI. Bestselling New Yorkerstaff writer Grann (The Devil and Sherlock Holmes: Tales of Murder, Madness, and Obsession, 2010, etc.) follows Special Agent Tom White and his assistants as they track the killers of one extended Osage family through a closed local culture of greed, bigotry, and lies in pursuit of protection for the survivors and justice for the dead. But he doesn't stop there; relying almost entirely on primary and unpublished sources, the author goes on to expose a web of conspiracy and corruption that extended far wider than even the FBI ever suspected. This page-turner surges forward with the pacing of a true-crime thriller, elevated by Grann's crisp and evocative prose and enhanced by dozens of period photographs.
Dogged original research and superb narrative skills come together in this gripping account of pitiless evil.Pub Date: April 18, 2017
ISBN: 978-0-385-53424-6
Page Count: 352
Publisher: Doubleday
Review Posted Online: Feb. 1, 2017
Kirkus Reviews Issue: Feb. 15, 2017
BOOK TO SCREEN
BOOK TO SCREEN
BOOK TO SCREEN
Not so deep, but a delightful tip of the hat to the pleasures—and power—of glamour.
A coffee-table book celebrates Michelle Obama’s sense of fashion.
Illustrated with hundreds of full-color photographs, Obama’s chatty latest book begins with some school portraits from the author’s childhood in Chicago and fond memories of back-to-school shopping at Sears, then jumps into the intricacies of clothing oneself as the spouse of a presidential candidate and as the first lady. “People looked forward to the outfits, and once I got their attention, they listened to what I had to say. This is the soft power of fashion,” she says. Obama is grateful and frank about all the help she got along the way, and the volume includes a long section written by her primary wardrobe stylist, Koop—28 years old when she first took the job—and shorter sections by makeup artists and several hair stylists, who worked with wigs and hair extensions as Obama transitioned back to her natural hair, and grew out her bangs, at the end of her husband’s second term. Many of the designers of the author’s gowns, notably Jason Wu, who designed several of her more striking outfits, also contribute appreciative memories. Besides candid and more formal photographs, the volume features many sketches of her gowns by their designers, closeups on details of those gowns, and magazine covers from Better Homes & Gardens to Vogue. The author writes that as a Black woman, “I was under a particularly white-hot glare, constantly appraised for whether my outfits were ‘acceptable’ and ‘appropriate,’ the color of my skin somehow inviting even more judgment than the color of my dresses.” Overall, though, this is generally a canny, upbeat volume, with little in the way of surprising revelations.
Not so deep, but a delightful tip of the hat to the pleasures—and power—of glamour.Pub Date: Nov. 4, 2025
ISBN: 9780593800706
Page Count: 304
Publisher: Crown
Review Posted Online: Nov. 7, 2025
Kirkus Reviews Issue: Jan. 1, 2026
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