After the Ball: Gilded Age Secrets, Boardroom Betrayals, and by Patricia Beard PDF

By Patricia Beard

ISBN-10: 0060958928

ISBN-13: 9780060958923

ISBN-10: 0061445908

ISBN-13: 9780061445903

After the Ball is that infrequent real tale that reads like an epic novel, a sweeping chronicle of an period, and an intimate account of the wish and betrayal of a son whose father gave him every little thing -- other than the learning to discover his method in territory governed via the rapacious.James Hazen Hyde used to be twenty-three in 1899 whilst he inherited the bulk stocks within the billion-dollar Equitable existence insurance Society. simply 5 years later, he fell from grace in a Wall highway scandal that obsessed the country and commanded a hundred and fifteen front-page articles within the ny Times.Hyde used to be clever, cultured, and bold, yet he was once no fit for an older iteration that had mapped the backstreets of excessive finance. Vying to manage the Equitable's large funding pool, the main well-known financiers and industrialists of the period -- between them E. H. Harriman, Henry Clay Frick, and J. P. Morgan -- positioned Hyde on forty-eight forums and integrated him in bargains that shook Wall highway. after which, on the top of social luck, he made a deadly miscalculation.On the final evening of January 1905, James Hyde held a fabulously flamboyant, eighteenth-century, Versailles-themed dress ball. His enemies used the celebration because the hook to hold him on, claiming that he used to be too frivolous to run an organization devoted to keeping widows and orphans; and unfold the rumor that he had spent 2 hundred thousand money of Equitable funds on a night's leisure. by the point a central authority research proven that Hyde had paid the accounts himself, his acceptance was once ruined.The sour crusade to wrest keep watch over of the Equitable and its great funding skill from Hyde at the heels of the ball. because the struggle escalated, clandestine alliances among insurers and Wall highway burst to the skin, exposing strategies which are the stuff of twenty-first-century scandals: self-dealing, insider buying and selling, accounting malpractice, and company investment of non-public pleasures.After the Ball tells a story that riveted thousands of usa citizens a century in the past. Its topics are as clean this day as they have been in 1905: greed and chicanery, the improper love among fathers and sons, and contradictory American attitudes approximately wealth -- all unfolding opposed to a surroundings of beauty, extra, and corrupting glamour.

Show description

Read Online or Download After the Ball: Gilded Age Secrets, Boardroom Betrayals, and the Party That Ignited the Great Wall Street Scandal of 1905 PDF

Best biography & history books

Download e-book for iPad: Making Iron on the Bald Eagle: Roland Curtin's Ironworks and by Gerald G. Eggert

In 1810, Irish immigrant Roland Curtin introduced a charcoal ironmaking operation in important Pennsylvania that persevered for one hundred ten years. via this attractive account of Curtin and his iron plantation, Gerald Eggert offers a huge bankruptcy within the background of the iron in the USA. Eggert's tale starts with Roland Curtin, who arrived within the Bald Eagle Valley in 1797.

Download e-book for kindle: Leveraging the new infrastructure: how market leaders by Peter Weill

Think wondering your company's details expertise within the similar manner that you simply take into consideration its funding portfolio: as a package of resources that - whilst controlled correct - will generate sales and rate reductions. here is simply this sort of framework for leveraging IT (technology, networks, info, and software program) - person who allows enterprise managers to make the real judgements concerning the in all probability confounding mixture of high-technology that impacts close to- and long term making plans, impacts the facility to help clients, and dictates the circulate of day-by-day operations.

Download PDF by John L Ward; Daniel R Denison; et al: Unconventional wisdom : counterintuitive insights for family

"Family enterprise calls for a distinct governance method, yet one who can still be managed. construction on insights from the world's best relations company government schooling path, this ebook bargains the radical knowledge had to leverage the strategic and cultural specialty of a relations enterprise for enduring luck.

Download e-book for iPad: Blood and Steel: The Rise of the House of Krupp by Bernhard Menne

Released in England lower than the name 'Krupp, The Lords of Essen'
Translated from the German via G. H. Smith

Extra info for After the Ball: Gilded Age Secrets, Boardroom Betrayals, and the Party That Ignited the Great Wall Street Scandal of 1905

Example text

For some months in the late fall and early winter of 1878, the correspondence between him and Annie was anguished. From Egypt, he wrote, After the trouble we have been through, and I don’t see how we could have avoided it after the first cause, any man that loved his wife as I love you must have suffered deeply down into the bottom of his heart, and of course you have for the first time in your life found out what trouble was—now it is over forever . . it seemed as if I should die, if I was in future to be expecting from you what I was never to receive, and that was your first affection.

Henry sold the Equitable’s stock, met the filing deadline, and after five months, he reported insurance in force of $1,144,000. The Rev1 2 3 4 28 AFTER THE BALL erend Alexander did not have the opportunity to buy insurance from the new company; he died four days after the Equitable received its charter. Henry drove the business, but Reverend Alexander’s brother, William, former speaker of the New Jersey Senate, and a respected elder statesman, had the title of president until he died in 1874: at twenty-five, Henry seemed too young to inspire the average policyholder’s confidence.

After the wedding, he wrote a cousin that Mary, who was feeling pleased with herself, “has not yet found out that her doll is stuffed with sawdust. ” The “doll” may have been Sidney, whom Henry didn’t like. Nevertheless, he appointed him cashier of the Equitable, and, along with Sidney’s grandfather, secured the $50,000 bond. A place on the board came with the position, but Sidney was only 15 16 A Life: Henry, 1859–1899 35 mildly interested in working. He foxhunted with the Meadow Brook Hunt near their estate, The Crossways, on Long Island; he bred Brown Swiss cattle; indulged his new passion, the automobile; and studied mushrooms and other fungi with the New York Mycological Society.

Download PDF sample

After the Ball: Gilded Age Secrets, Boardroom Betrayals, and the Party That Ignited the Great Wall Street Scandal of 1905 by Patricia Beard

by Edward

Rated 4.47 of 5 – based on 46 votes