The Warburgs: The Twentieth-Century Odyssey of a Remarkable Jewish Family by Ron Chernow Download (read online) free eBook .pdf.epub.kindle

The Warburgs: The Twentieth-Century Odyssey of a Remarkable Jewish Family

Bankers, philanthropists, scholars, socialites, artists, and politicians, the Warburgs stood at the pinnacle of German (and, later, of German-American) Jewry. They forged economic dynasties, built mansions and estates, assembled libraries, endowed charities, and advised a German kaiser and two American presidents. But their very success made the Warburgs lightning rods for
Kristen

Jul 18, 2007

rated it
liked it

Recommends it for:
financial history

The negatives: hard to keep track of all the characters.
The positives: a remarkeable story, the family lived through important and interesting parts of US/European/World history. The most interesting parts were about the German Jewish families perspective on the rise of Nazism.
Overall: worth reading but definitely an investment.

Arminius

Aug 08, 2008

rated it
really liked it

Shelves:
business

The Warburg’s were a banking giant out of Hamburg Germany. They started in the 19th Century in the banking industry because of European anti-Semitism. Laws did not allow Jewish families to own land so Jews were diverted to occupations other than farming. The Warburg’s saw the fellow Jewish family Rothschild’s amass a fortune. They followed suit.

They became exports in international finance. This helped them avoid Nazi persecution. The Nazi’s were very naïve when it came to world finance. Hitler e

They became exports in international finance. This helped them avoid Nazi persecution. The Nazi’s were very naïve when it came to world finance. Hitler enticed a retired finance genius, Hjalmar Schacht, out of retirement to head Germany’s Treasury. Schacht performed a miracle rescuing Germany from the depression with phenomenal German economic growth. Schacht needed the Jewish Germans vast international experience to complete this miracle. So as Hitler tried to rid Germany of Jewish influence he allowed the Jewish German banking giants to operate unmolested following Schacht’s advice.

Schacht became disillusioned with Hitler as the Fuhrer began to mingle in economic affairs. He was often heard arguing with Hitler. Boy, I wish I could have heard those arguments. Much bad can be said about Hitler but his mind was top notch intellectual. So Schacht fell out of good grace with Hitler. Consequentially the Warburg’s do as well.

The Warburg’s, being wealthy, had the option of leaving Germany. Therefore the family started businesses in England and America. Their great minds and energy made them successes in both places. Ron Chernow, the author, goes into excruciating details of the generations of Warburg’s that I found kind of long winded. I must say it lacked the powerful attractive details of his other books.


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