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Man of Influence - Hardcover

 
9780917561368: Man of Influence

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Fast-paced, yet highly detailed, this readable biography recounts the yo-yo-like fortunes of a centuries-old banking family and particularly its most innovative member, S. G. Warburg. As German bankers, the Warburgs reached the zenith of their power under the last kaiser. With the advent of Hitler, S. G. Warburg escaped to London with only his life and his name. There, starting from scratch, he rebuilt the family fortunes, pioneering along the way many new banking techniques. Attali argues convincingly that Warburg was one of the most brilliant men of the century. The appeal of the entire family is considerable, making this biography a pleasure to read. Ian Wallace, Agriculture Canada Lib., Saint-Jean-sur-Richelieu, Quebec
Copyright 1987 Reed Business Information, Inc.

This engrossing biography of the head of the venerable German-British Warburg banking dynasty topped last year's French bestseller list, thanks largely to the byline of social economist Attali, a close adviser to President Mitterand. The author traces the history of the Warburgs' ancestors, money lenders in North Africa and Italy before they moved to Germany in 1520, where they achieved the status of international investment bankers. His main focus, however, is on Siegmund (S. G.) Warburg, a frustrated politician, trained in the family's American branch, who plied his trade in the years of economic upheaval before, during and after World War II. In 1933, Siegmund fled Nazi Germany for London; after acting as a wartime financier to the Allies, he developed a global banking and monetary system. An adviser to heads of state, Siegmund is credited with invention of the Eurobond and development of the hostile corporate takeover. But money was not an end in itself for Siegmund, according to the author; it was a toolthe by-product of a successful deal. His main ambition until his death in 1982 remained the restoration of the Warburg family name and influence.
Copyright 1987 Reed Business Information, Inc.

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