Morgan's ambitions motivated President Wilson during World War I how Chase and National City Bank chairmen worked secretly with President Roosevelt to rescue capitalism during the Great Depression while J.P. These families and individuals recycle their power through elected office and private channels in Washington, DC.Īll the Presidents' Bankers sheds new light on pivotal historic events-such as why, after the Panic of 1907, America's dominant bankers convened to fashion the Federal Reserve System how J. She unravels the multi-generational blood, intermarriage, and protégé relationships that have confined national influence to a privileged cluster of people. Prins ushers us into the intimate world of exclusive clubs, vacation spots, and Ivy League universities that binds presidents and financiers. All the Presidents' Bankers is a groundbreaking narrative of how an elite group of men transformed the American economy and government, dictated foreign and domestic policy, and shaped world history.Ĭulled from original presidential archival documents, All the Presidents' Bankers delivers an explosive account of the hundred-year interdependence between the White House and Wall Street that transcends a simple analysis of money driving politics-or greed driving bankers.
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