The Jewish Bankers Who Built Wall Street, Financed the American Century, and Spawned Countless Conspiracy Theories

The Jewish Bankers Who Built Wall Street, Financed the American Century, and Spawned Countless Conspiracy Theories

Joseph Seligman arrived in the United States in 1837, with the equivalent of $100 sewn into the lining of his pants. Then came the Lehman brothers, who would open a general store in Montgomery, Alabama. Not far behind were Solomon Loeb and Marcus Goldman, among the “Forty-Eighters” fleeing a Germany that had relegated Jews to an underclass.

These industrious immigrants would soon go from peddling trinkets and buying up shopkeepers’ IOUs to forming what would become some of the largest investment banks in the world—Goldman Sachs, Kuhn Loeb, Lehman Brothers, J. & W. Seligman & Co. They would clash and collaborate with J. P. Morgan, E. H. Harriman, Jay Gould, and other famed tycoons of the era. And their firms would help to transform the United States from a debtor nation into a financial superpower, capitalizing American industry and underwriting some of the twentieth century’s quintessential companies, like General Motors, Macy’s, and Sears. Along the way, they would shape the destiny not just of American finance but of the millions of Eastern European Jews who spilled off steamships in New York Harbor in the early 1900s, including Daniel Schulman’s paternal grandparents.

Today’s guest is Dan Schulman, author of “The Money Kings: The Epic Story of the Jewish Immigrants Who Transformed Wall Street and Shaped Modern America.” We trace the interconnected origin stories of these financial dynasties from the Gilded Age to the Civil War, World War I, and the Zionist movement that tested both their burgeoning empires and their identities as Americans, Germans, and Jews.

See omnystudio.com/listener for privacy information.

Jaksot(1074)

How an Italian Engineer with 700 Knights Defeated 100,000 Ottoman Troops at the Siege Rhodes

How an Italian Engineer with 700 Knights Defeated 100,000 Ottoman Troops at the Siege Rhodes

Throughout the 16th century, one man stood between the Ottoman Empire and European domination, yet his name has been largely forgotten. Gabriele Tadino was an Italian military engineer whose genius tr...

10 Maalis 43min

Why America's Military Never Became a Threat to Democracy

Why America's Military Never Became a Threat to Democracy

America's Founding Fathers feared a standing army would inevitably threaten civilian governance. Yet 250 years later, the U.S. military remains a strange outlier among nearly every nation that has eve...

5 Maalis 51min

How Christianity Shaped America's 500-Year Mission to Become a Holy Land

How Christianity Shaped America's 500-Year Mission to Become a Holy Land

Thomas Jefferson’s 1802 letter to the Danbury Baptists famously described the First Amendment as building a "wall of separation between church and State." This line has been the gold standard for thos...

3 Maalis 52min

Every Communication Breakthrough—From Cave Art to AI Video—Exists to Tell Stories

Every Communication Breakthrough—From Cave Art to AI Video—Exists to Tell Stories

There’s an argument to be made that every technology advance in communication – from cave paintings to fake AI movie trailers – is at its root an attempt to tell stories. Our first night-fires created...

26 Helmi 58min

The East’s Auschwitz: How Imperial Japan’s Secret Experimenters Escaped Justice

The East’s Auschwitz: How Imperial Japan’s Secret Experimenters Escaped Justice

During the Holocaust, Josef Mengele discarded every medical ethic to perform horrific human experiments at Auschwitz, including non-consensual vivisections, limb transplants, and agonizing surgeries c...

24 Helmi 44min

The Chemistry of Conquest: Behind the USSR’s State-Sponsored (and Steroid-Powered) Olympic Glory

The Chemistry of Conquest: Behind the USSR’s State-Sponsored (and Steroid-Powered) Olympic Glory

Since the era of Joseph Stalin, Moscow’s rulers have sent Russian athletes into the Summer and Winter Olympics with one command: you must win. These competitors operated under a "win-at-all-costs" doc...

19 Helmi 1h 3min

Daniel Boone’s Life as a Frontiersman and Adopted Son of a Shawnee Chief

Daniel Boone’s Life as a Frontiersman and Adopted Son of a Shawnee Chief

Daniel Boone is considered one of the United States' first folk heroes for his exploration beyond the thirteen colonies into Kentucky. His exploits are rightfully legendary. He famously rescued his da...

17 Helmi 42min

The Loss and Re-Discovery of the $20 Billion Imperial Spanish Treasure Ship

The Loss and Re-Discovery of the $20 Billion Imperial Spanish Treasure Ship

The most valuable shipwreck of all time is the San José galleon—an 18th century Spanish ship that carried 11 million gold coins, silver, and emeralds—and worth $20 billion in today's currency. It sunk...

12 Helmi 51min

Suosittua kategoriassa Yhteiskunta

olipa-kerran-otsikko
sita
siita-on-vaikea-puhua
kaksi-aitia
gogin-ja-janin-maailmanhistoria
i-dont-like-mondays
uutiscast
poks
antin-palautepalvelu
rss-nikotellen
kolme-kaannekohtaa
mamma-mia
yopuolen-tarinoita-2
aikalisa
rss-murhan-anatomia
meidan-pitais-puhua
rss-haudattu
rss-palmujen-varjoissa
isani-on-terapeuttiville
taskula-trishin