Summary
BOOKS The good capitalist Siegmund Warburg's high-mindedness made him a king of world money markets at a time when not all bankers were hard-faced profiteers. [...] Warburg's trustees checked out his own writing and gained pretty good insights, as Ferguson concedes. How Warburg became so powerful will puzzle a contemporary imagination accustomed to the idea of the City as a tacky casino.
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Extract
The Good Capitalist
BOOKS The good capitalist Siegmund Warburg's high-mindedness made him a king of world money markets at a time when not all bankers were hard-faced profiteers. By Bryan Appleyard High Financier: the Lives and Time of Siegmund Warburg Niall Ferguson Allen Lane, 584pp, £30
The key to this bold and mighty biography is that word, high, in the title. The phrase "high finance" is...See the full content of this document
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