American Rascal by Greg Steinmetz audiobook

American Rascal: How Jay Gould Built Wall Street's Biggest Fortune

By Greg Steinmetz
Read by Feodor Chin

Simon & Schuster Audio 9781982107406

Unabridged

Format : Library CD (In Stock)
  • ISBN: 9781797141893

  • ISBN: 9781797141886

Runtime: 8.76 Hours
Category: Nonfiction/Biography & Autobiography
Audience: Adult
Language: English

Summary

Summary

The gripping biography of Jay Gould, the greatest 19th-century robber barons, whose brilliance, greed, and bare-knuckled tactics made him richer than Rockefeller and led Wall Street to institute its first financial reforms.

Had Jay Gould put his name on a university or concert hall, he would undoubtedly have been a household name today. The son of a poor farmer whose early life was marked by tragedy, Gould saw money as the means to give his family a better life…even if, to do so, he had to pull a fast one on everyone else. After entering Wall Street at the age of twenty-four, he quickly became notorious when he paralyzed the economy and nearly toppled President Ulysses S. Grant in the Black Friday market collapse of 1869 in an attempt to corner the market on gold—an event that remains among the darkest days in Wall Street history. Through clever financial maneuvers, he gained control over one of every six miles of the country’s rapidly expanding network for railroad tracks—coming close to creating the first truly transcontinental railroad and making himself one of the richest men in America.

American Rascal shows Gould’s complex, quirky character. He was at once praised for his brilliance by Rockefeller and Vanderbilt and condemned for forever destroying American business values by Mark Twain. He lived a colorful life, trading jokes with Thomas Edison, figuring Thomas Nast’s best sketches, paying Boss Tweed’s bail, and commuting to work in a 200-foot yacht.

Gould thrived in an expanding, industrial economy in which authorities tolerated inside trading and stock price manipulation because they believed regulation would stifle progress. But by taking these practices to new levels, Gould showed how unbridled capitalism was, in fact, dangerous for the American economy. This eye-opening history explores Gould’s audacious exploitation of economic freedom triggered the first public demands for financial reform—a call that still resonates today.

Editorial Reviews

Editorial Reviews

“A rollicking biography that brings back to life one of the most fascinating and colorful characters of nineteenth century American capitalism.” John Carreyrou, New York Times bestselling author

Reviews

Reviews

Author

Author Bio: Greg Steinmetz

Author Bio: Greg Steinmetz

Greg Steinmetz grew up in Cleveland, Ohio, and spent fifteen years as journalist for publications including the Sarasota Herald-Tribune, the Houston Chronicle, New York Newsday, and The Wall Street Journal, where he served as the Berlin Bureau Chief and later the London Bureau Chief. He currently works as a securities analyst for a money management firm in New York. He is a graduate of Colgate University and has a master’s degree from Northwestern University’s Medill School of Journalism. He has three children and lives in Larchmont, New York. The Richest Man Who Ever Lived: The Life and Times of Jacob Fugger is his first book.

Titles by Author

Details

Details

Available Formats : CD, Library CD
Category: Nonfiction/Biography & Autobiography
Runtime: 8.76
Audience: Adult
Language: English