Bankers and Bolsheviks

Bankers and Bolsheviks
Author: Hassan Malik
Publisher: Princeton University Press
Total Pages: 317
Release: 2020-05-26
Genre: Business & Economics
ISBN: 0691202222

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A must-read financial history for investors navigating today's volatile global markets Following an unprecedented economic boom fed by foreign investment, the Russian Revolution triggered the largest sovereign default in history. In Bankers and Bolsheviks, Hassan Malik tells the story of this boom and bust, chronicling the experiences of leading financiers of the day as they navigated one of the most lucrative yet challenging markets of the first modern age of globalization. He reveals how a complex web of factors—from government interventions to competitive dynamics and cultural influences—drove a large inflow of capital during this tumultuous period. This gripping book demonstrates how the realms of finance and politics—of bankers and Bolsheviks—grew increasingly intertwined, and how investing in Russia became a political act with unforeseen repercussions.

Wall Street and the Bolshevik Revolution

Wall Street and the Bolshevik Revolution
Author: Antony Cyril Sutton
Publisher: CLAIRVIEW BOOKS
Total Pages: 234
Release: 2012-12-17
Genre: Business & Economics
ISBN: 1905570619

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Why did the 1917 American Red Cross Mission to Russia include more financiers than medical doctors? Rather than caring for the victims of war and revolution, its members seemed more intent on negotiating contracts with the Kerensky government, and subsequently the Bolshevik regime. In a courageous investigation, Antony Sutton establishes tangible historical links between US capitalists and Russian communists. Drawing on State Department files, personal papers of key Wall Street figures, biographies and conventional histories, Sutton reveals: The role of Morgan banking executives in funnelling illegal Bolshevik gold into the US; the co-option of the American Red Cross by powerful Wall Street forces; the intervention by Wall Street sources to free the Marxist revolutionary Leon Trotsky, whose aim was to topple the Russian government; the deals made by major corporations to capture the huge Russian market a decade and a half before the US recognized the Soviet regime; the secret sponsoring of Communism by leading businessmen, who publicly championed free enterprise. Wall Street and the Bolshevik Revolution traces the foundations of Western funding of the Soviet Union. Dispassionately, and with overwhelming documentation, the author details a crucial phase in the establishment of Communist Russia. This classic study - first published in 1974 and part of a key trilogy - is reproduced here in its original form. (The other volumes in the series include Wall Street and the Rise of Hitler and a study of Franklin D. Roosevelt’s 1933 Presidential election in the United States.)

History's Greatest Heist

History's Greatest Heist
Author: Sean McMeekin
Publisher: Yale University Press
Total Pages: 331
Release: 2008-12-17
Genre: Business & Economics
ISBN: 0300152795

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How Lenin’s regime turned Russia’s priceless cultural patrimony into armored cars, trains, planes, and machine guns Historians have never resolved a central mystery of the Russian Revolution: How did the Bolsheviks, despite facing a world of enemies and leaving nothing but economic ruin in their path, manage to stay in power through five long years of civil war? In this penetrating book, Sean McMeekin draws on previously undiscovered materials from the Soviet Ministry of Finance and other European and American archives to expose some of the darkest secrets of Russia’s early days of communism. Building on one archival revelation after another, the author reveals how the Bolsheviks financed their aggression through astonishingly extensive thievery. Their looting included everything from the cash savings of private citizens to gold, silver, diamonds, jewelry, icons, antiques, and artwork. By tracking illicit Soviet financial transactions across Europe, McMeekin shows how Lenin’s regime accomplished history’s greatest heist between 1917 and 1922 and turned centuries of accumulated wealth into the sinews of class war. McMeekin also names names, introducing for the first time the compliant bankers, lawyers, and middlemen who, for a price, helped the Bolsheviks launder their loot, impoverish Russia, and impose their brutal will on millions.

Bankers and Bolsheviks: International Finance and the Russian Revolution, 1892-1922

Bankers and Bolsheviks: International Finance and the Russian Revolution, 1892-1922
Author: Hassan Malik
Publisher:
Total Pages:
Release: 2013
Genre:
ISBN:

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This dissertation describes and analyzes the financial boom that made Russia the largest net international debtor in the world by 1914, as well as the Bolshevik default of 1918 -- one of the biggest in international financial history. For the Bolsheviks the default was a highly significant attack on "finance capital." Yet few historians have paid much attention to the financial history of the Russian Revolution. This study focuses in particular on the decision-making of the small but influential group of financiers and government officials who acted as the "gatekeepers" of international finance, channeling international capital to Russia in the late nineteenth and early twentieth centuries.

Lords of Finance

Lords of Finance
Author: Liaquat Ahamed
Publisher: Penguin
Total Pages: 584
Release: 2009
Genre: Business & Economics
ISBN: 9781594201820

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Argues that the stock market crash of 1929 and subsequent Depression occurred as a result of poor decisions on the part of four central bankers who jointly attempted to reconstruct international finance by reinstating the gold standard.

Wall Street Banksters Financed Roosevelt, Bolshevik Revolution and

Wall Street Banksters Financed Roosevelt, Bolshevik Revolution and
Author: The Committee Of Twelve To Sa The Earth
Publisher: Inner Light Global Communications
Total Pages: 336
Release: 2014-01
Genre:
ISBN: 9781606110263

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WARNING! THIS BOOK IS CONSIDERED HIGHLY DANGEROUS TO YOUR MENTAL STATE . . . Exposes A World of Treachery . . . Answers the Questions: WHO ARE THE MASTERMINDS BEHIND WORLD DOMINATION? . . . WHO ACTUALLY MANAGES THE FLOW OF PAPER MONEY AND CONTROLS COMMERCE AND THE BANKING SYSTEM? . . . WHO -- IF ANYONE -- PROFITS FROM WAR? . . . For the first time names are given, and organizations exposed. Some have called this the most DANGEROUS book ever written, but why? WARNING! THIS BOOK IS CONSIDERED HIGHLY DANGEROUS TO YOUR MENTAL STATE . . . Exposes A World of Treachery . . . Answers the Questions: WHO ARE THE MASTERMINDS BEHIND WORLD DOMINATION? . . . WHO ACTUALLY MANAGES THE FLOW OF PAPER MONEY AND CONTROLS COMMERCE AND THE BANKING SYSTEM? . . . WHO -- IF ANYONE -- PROFITS FROM WAR? . . . For the first time names are given, and organizations exposed.

Wall Street and the Russian Revolution

Wall Street and the Russian Revolution
Author: Richard Spence
Publisher: TrineDay
Total Pages: 358
Release: 2017-06-07
Genre: History
ISBN: 163424124X

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Wall Street and the Russian Revolution will give readers critical insight into what might be called the "Secret History of the 20th century." The Russian Revolution, like the war in which it was born, represents the real beginning of the modern world. The book will look not just at the sweep of events, but probe the economic, ideological and personal motivations of the key figures involved, revealing heretofore unknown or misunderstood connections. Was Trotsky, for instance, a political genius, an unprincipled egomaniac, or something of each? Readers should come away with not only a far deeper understanding of what happened in Russia a century ago, but also what happened in America and how that still shapes the relations of the twocountries today.

Into Russia's Cauldron

Into Russia's Cauldron
Author: Steven Fisher
Publisher: Forest Cat Productions
Total Pages: 448
Release: 2021-10-31
Genre:
ISBN: 9781737766315

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Into Russia's Cauldron takes you on the dramatic journey of an individual and an institution fighting the inevitable in revolutionary Russia, a story grippingly brought to life in the century-old journal of Leighton Rogers.

Inside Money

Inside Money
Author: Zachary Karabell
Publisher: Penguin
Total Pages: 457
Release: 2021-05-18
Genre: Business & Economics
ISBN: 0698197968

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A sweeping history of the legendary private investment firm Brown Brothers Harriman, exploring its central role in the story of American wealth and its rise to global power Conspiracy theories have always swirled around Brown Brothers Harriman, and not without reason. Throughout the nineteenth century, when America was convulsed by a devastating financial panic essentially every twenty years, Brown Brothers quietly went from strength to strength, propping up the U.S. financial system at crucial moments and catalyzing successive booms, from the cotton trade and the steamship to the railroad, while largely managing to avoid the unwelcome attention that plagued some of its competitors. By the turn of the twentieth century, Brown Brothers was unquestionably at the heart of what was meant by an American Establishment. As America's reach extended beyond its shores, Brown Brothers worked hand in glove with the State Department, notably in Nicaragua in the early twentieth century, where the firm essentially took over the country's economy. To the Brown family, the virtue of their dealings was a given; their form of muscular Protestantism, forged on the playing fields of Groton and Yale, was the acme of civilization, and it was their duty to import that civilization to the world. When, during the Great Depression, Brown Brothers ensured their strength by merging with Averell Harriman's investment bank to form Brown Brothers Harriman, the die was cast for the role the firm would play on the global stage during World War II and thereafter, as its partners served at the highest levels of government to shape the international system that defines the world to this day. In Inside Money, acclaimed historian, commentator, and former financial executive Zachary Karabell offers the first full and frank look inside this institution against the backdrop of American history. Blessed with complete access to the company's archives, as well as a thrilling understanding of the larger forces at play, Karabell has created an X-ray of American power--financial, political, cultural--as it has evolved from the early 1800s to the present. Today, unlike many of its competitors, Brown Brothers Harriman remains a private partnership and a beacon of sustainable capitalism, having forgone the heady speculative upsides of the past thirty years but also having avoided any role in the devastating downsides. The firm is no longer in the command capsule of the American economy, but, arguably, that is to its credit. If its partners cleaved to any one adage over the generations, it is that a relentless pursuit of more can destroy more than it creates.

Russia in Flames

Russia in Flames
Author: Laura Engelstein
Publisher: Oxford University Press
Total Pages: 866
Release: 2018
Genre: History
ISBN: 0199794219

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Author's Note -- Part I: Last Years of the Old Empire, 1904-1914 -- Part II: The Great War : Imperial Self-Destruction -- The Great War Begins -- Germans, Jews, Armenians -- Tearing Themselves Apart -- Conflict and Collapse -- Part III: 1917 : Contest for Control -- Five Days that Shook the World -- The Provisional Government and the War -- August-September : From Putsch to Coup -- Bolshevik October -- Death of the Constituent Assembly -- Politics from Below -- Part IV: Sovereign Claims -- The Peace that Wasn't -- Treason and Terror -- Finland's Civil War -- Baltic Entanglements -- Ukrainian Drama, Act I -- Colonial Repercussions -- Part V: War Within -- The Unquiet Don -- Foreign Bodies -- Trotsky Arms, Siberia Mobilizes -- Kolchak : the Wild East -- Ukraine, Act II -- War Against the Cossacks -- Miracle on the Vistula -- War Against the Jews : 1919-1920 -- The Last Page -- War Against the Peasants -- Part VI: Victory and Retreat -- The Proletariat in the Proletarian Dictatorship -- The Revolution Turns Against Itself -- Conclusion: Revolution Against Itself