The Retired Men’s Association of Greenwich invites you to hear its keynote speaker, Daniel Schulman, deliver a talk entitled “The Money Kings: The Epic Story of the Jewish Immigrants Who Changed Wall Street and Shaped Modern America” on Wednesday, August 14, 2024.
The lecture begins promptly at 11:00 a.m. at the First Presbyterian Church, 1 West Putnam Ave in Greenwich.
The program will also be shown on Zoom: https://bit.ly/30IBj21
“The Money Kings” is the incredible saga of the German-Jewish immigrants – with now-familiar names such as Goldman and Sachs, Kuhn and Loeb, Warburg and Schiff, Lehman and Seligman – who had a lasting influence on the rise of modern finance and much more.
Joseph Seligman came to the United States in 1837 with $100 worth of money sewn into the lining of his trousers. Then came the Lehman brothers, who opened a general store in Montgomery, Alabama. Not far behind them were Solomon Loeb and Marcus Goldman, who were among the “Forty-Eighters” who fled Germany, where Jews had been relegated to the lower class.
These industrious immigrants would soon go from dealing in junk and buying up IOUs from shopkeepers to founding some of the largest investment banks in the world. They would clash and partner with JP Morgan, EH Harriman, Jay Gould, and other famous tycoons of the day. And their firms would help transform the United States from a debtor nation into a financial superpower, capitalizing on American industry and financing some of the most important companies of the 20th century, such as General Motors, Macy’s, and Sears.
On their way there, they shaped not only the fate of the American financial world, but also that of the millions of Eastern European Jews who came from the steamships in New York Harbor at the beginning of the 20th century, including Daniel Schulman’s paternal grandparents.
Dan Schulman is a New York Times Bestselling author and journalist whose work has appeared in publications including Atlantic, Boston Globe Magazine, Los Angeles Times, Politico, Vanity Fair, Washington Post, And Mother Joneswhere he is deputy editor-in-chief responsible for news and political reporting. He is the author of “Sons of Wichita”, a biography of the Koch brothers. He lives outside Boston with his wife and sons.
The next RMA speaker on August 21 is Bill Drake, “General Lafayette Visits Greenwich.”
Note: The lecture will be held on August 21 at Christ Church, Greenwich, 254 East Putnam Ave.
