Other Peoples Money and How the Bank..., Louis Brandeis
Other Peoples Money and How the Bank..., Louis Brandeis
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Other People's Money and How the Bankers Use It

Author: Louis Brandeis

Narrator: Peter Lerman

Unabridged: 4 hr 42 min

Format: Digital Audiobook Download

Publisher: Peter Lerman

Published: 11/12/2024


Synopsis

America’s biggest financial institutions controlled vast sums of money used for the domination and manipulation of American financial markets, business and industry. The money was - by and large - the funds of depositors. It was Other People’s Money.‘Other People’s Money and How Bankers Used It’ was a seminal text in the Progressive Era, aligning with broader calls for reform in American society. The book contributed to the growing push for financial regulation, and its ideas influenced the creation of laws such as the Federal Reserve Act and the Clayton Antitrust Act, which were intended to curb the power of monopolies and promote fair competition.The great disparity between the extremely wealthy class and the millions of the working people of America led to widespread discontent and suffering. Some say these very same oppressive conditions are upon us again, today.

About Louis Brandeis

Louis Brandeis (1856–1941) was an American attorney of great renown in the early part of the twentieth century. Because of his deep commitment to freedom, justice, and fair play, Brandeis was widely known as “The People’s Attorney.” In 1916 he became the first Jewish Justice appointed to the Supreme Court of the United States. The causes Brandeis advocated for were privacy rights, workers’ rights, free speech, freedom of religion, limitations on corporate power, and women’s rights. He was a strong supporter of Franklin Roosevelt’s New Deal.

About Peter Lerman

Peter Lerman is an award-winning audiobook narrator with over 150 audiobooks plus a prestigious Earphones® award to his credit. He is originally from Brooklyn, New York, and currently resides in Connecticut. Peter has narrated biographies of Sigmund Freud, Leonard Bernstein, Albert Einstein, Upton Sinclair, and Leon Trotsky. He has told the tale of Halley’s Comet, the birth of Genetic Engineering, the life and times of Al Smith, Townes VanZandt, Sacco, and Vanzetti—and many others.


Reviews

Goodreads review by Laura on October 18, 2015

Before he was a supreme court justice, Louis Brandeis wrote a series of articles for Harper’s Magazine that he fleshed out and expanded into this book. He was arguing for greater regulation, oversight, and openness in the banking industry after a series of collapses and scandals that caused a lot of......more

Goodreads review by Jeffrey on December 03, 2009

Brandies was the forefather of counseling in law. Before him lawyers were like doctors of today, coming to a patient's (client's) aid AFTER the fact. Brandies was the founder of preventative law. He was also an early pro-bono advocate, donating much of his time to charity cases. Some critics felt he......more

Goodreads review by Marcin on July 01, 2024

Louis D. Brandeis is analyzing how the money trust controlled many industries in the United States during the beginning of the 20th century. The interlocking directorates, the acquisition of related corporations, such as insurance companies, money trusts and investment banks, made commercial banks t......more

Goodreads review by Khuram on April 06, 2022

Eye-opening and alarming. Sometimes you just can't believe what some people are getting away with. Seems like fiction most of the time yet it's clearly true. Well delivered information.......more

Goodreads review by Alex on November 30, 2023

Brandeis uses fun words from the early 20th which have since gone out of style.......more