Perspective

Ron Chernow is a business and political writer and has worked in the world of finance. He understands the business and the political world. He understands the world of finance and how the markets function. His understanding of the subject makes it easy for him to explain how the markets function for the reader. His purpose in writing the book is to tell the history of the House of Morgan. The House of Morgan basically shaped the world of finance. In spite of their wealth and power, the Morgans were rather secretive, preferring not to be in the spotlight. The author states that his purpose is to show that there will never be another House of Morgan. There will never be another private bank or entity that is as powerful as the House of Morgan in its day. There will never be another entity that is more powerful...