The fascinating story behind the company that revolutionized the financial world.
Catching Lightning in a Bottle traces the complete history of Merrill Lynch and the company's substantial impact on the world of finance, from the birth of the once-mighty company to its inauspicious end. Throughout its ninety-four year history, Merrill Lynch revolutionised finance by bringing Wall Street to Main Street, operating under a series of guidelines known as the Principles. These values allowed the company to gain the trust of small investors by putting the clients' interests first, driving a business trajectory that expanded capital markets and fueled the growth of the American post-war economy. Written by the son of Merrill Lynch co-founder Winthrop H. Smith, this book describes the creation and evolution of the company from Charlie Merrill's one-man shop in 1914 to its acquisition by Bank of America in 2008.
Author Winthrop H. Smith Jr. spent twenty-eight years at the company his father co-founded, bringing a unique perspective to bear in telling the story of the company that democratized the stock market and eventually fell from its lofty perch. * Learn why the industry initially scoffed at Charles Merrill's radical investment ideas * Discover the origin of the Principles, and how they drove operations for nearly a century * Find out why the author left a successful Wall Street career, and why it was such a smart move * Examine the culture and values that built Merrill Lynch into one of the world's most successful and respected companies.
Revolutionary vision is rare, and enduring success is even more so. When a single organization demonstrates both of those characteristics, it is felt throughout the world. Discover the fascinating story behind Merrill Lynch and the men who built it from an insider's perspective in Catching Lightning in a Bottle.
By:
Winthrop H. Smith
Imprint: Wiley
Country of Publication: United States
Dimensions:
Height: 231mm,
Width: 163mm,
Spine: 51mm
Weight: 885g
ISBN: 9781118967607
ISBN 10: 1118967607
Pages: 608
Publication Date: 29 August 2014
Audience:
Professional and scholarly
,
Undergraduate
Format: Hardback
Publisher's Status: Active
Author's Note 1 Prologue 5 Part One chapter one Little Doc (1885--1907) 13 chapter two The Odd Couple (1907--1915) 29 chapter three Mr. Smith Goes to Wall Street (1915--1929) 61 chapter four The Grocer (1929--1940) 101 Part Two chapter five Wall Street to Main Street (1940--1942) 137 chapter six Investigate Before You Invest (1942--1957) 171 chapter seven Good-bye, Beane--Hello, Smith (1957--1970) 227 chapter eight Bullish on America (1970--1980) 271 chapter nine Mr. Integrity (1980--1985) 337 chapter ten The Eternal Optimist (1985--1993) 355 chapter eleven Cementing the Principles (1993--1997) 415 Part Three chapter twelve It Should Have Been a Solid Legacy (1997--2001) 457 chapter thirteen The Day My Father Wept (2001) 497 chapter fourteen The Death of Mother Merrill (2002--2007) 511 chapter fifteen Catching Lightning in a Bottle (2008) 549 Epilogue 565 Index 578
Reviews for Catching Lightning in a Bottle: How Merrill Lynch Revolutionized the Financial World
<p> what a page-turner (Here is the City, October 2014)
