Publisher description for Deals of the century : Wall Street, mergers, and the making of modern America / Charles R. Geisst.
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An exciting portrait of one of the most dynamic times in financial history
Consolidation, restructuring, and megadeals. These are the business events that have left an indelible impression on the worlds of finance and industry, as well as shaped the America we live in today. The deals made over the past century irrevocably changed employment patterns, created new industries, and gave rise to the modern American way of life. Deals of the Century captures this dynamic moment in history by taking an in-depth look at the most notable mergers of the twentieth century-and the role Wall Street played in each of them. This book skillfully illustrates how these deals changed the face of American life and created a modern American capitalist society that continues to grow. Beginning with J. P. Morgan's acquisition of Carnegie Steel in 1901 to form U.S. Steel, author Charles Geisst traces the deals that had the most dramatic impact on the worlds of both finance and industry over the past century. Decade by decade, readers will be introduced to the personalities behind each event, and the ultimate outcome of their ventures. Deals of the Century closes the door on this extraordinary time in financial history by discussing the merger of J. P. Morgan & Co. and Chase Manhattan.
Charles Geisst (Oradell, NJ) is the author of thirteen books, including Wheels of Fortune (0-471-21222-9) and the bestseller Wall Street: A History. Geisst has taught political science at the City University of New York, worked in banking and finance on Wall Street and in London as well as having consulted. His articles have been published in the International Herald Tribune, Neue Zurcher Zeitung, Newsday, and Euromoney. Since 1985 he has taught finance at Manhattan College where he is presently a professor of finance.
Library of Congress subject headings for this publication: Consolidation and merger of corporations United States, Consolidation and merger of corporations Finance