The Moneychangers (Literary Classics) (Paperback)

by Upton Sinclair (Author) "I am," said Reggie Mann, "quite beside myself to meet this Lucy Dupree..." (more)
Key Phrases: New York, Stanley Ryder, Wall Street (more...)

Editorial Reviews

Product Description
In this fictional account of the events and the key players involved in the Wall Street panic of 1907, the famous author of "The Jungle" depicts the glittering society of New York's fabulously wealthy, for whom money is not the object of existence, just the means of wielding power. In the midst of the alluring lifestyle of the high rollers, with their debutante balls, sumptuous summer homes in Newport, and their retinue of servants, a newcomer from the South arrives. The strikingly beautiful Lucy Dupree seeks entrance into high society through her childhood friend, Allan Montague, who is now a successful lawyer working in the city. Despite Allan's attempts to protect her, the naive Lucy soon finds herself caught in a jealous rivalry between two of the wealthiest and most unscrupulous powerbrokers. Their fight to destroy each other using high-stake financial manipulations precipitates a major Wall Street collapse and puts Lucy into great peril.

Product Details

• Paperback: 203 pages
• Publisher: Prometheus Books (April 2001)
• Language: English
• ISBN-10: 1573929018
• ISBN-13: 978-1573929011
• Product Dimensions: 8.4 x 5.4 x 0.5 inches
• Shipping Weight: 9.3 ounces (View shipping rates and policies)
• Average Customer Review: 4.5 out of 5 stars See all reviews (2 customer reviews)
• Amazon.com Sales Rank: #795,925 in Books (See Bestsellers in Books)

  Popular in this category: (What's this?)

  #50 in

  Books > Literature & Fiction > Authors, A-Z > ( S ) > Sinclair, Upton

Customer Reviews

Most Helpful Customer Reviews

22 of 23 people found the following review helpful:

4.0 out of 5 stars Thriller / Suspense / Mystery of sorts....., June 10, 2000

By A Customer

This review is from: The Moneychangers (The Collected Works of Upton Sinclair Series American Authors Volume 0828) (Hardcover)

Muckraker, Upton Sinclair, tells the fictionalized story of the Wall Street panic of 1907. The panic, according to Sinclair, was orchestrated by several very powerful capitalists in order to dethrone a rival trust company. They did this because man's revenge over being smitten by a woman, to put the anti-trust President in his place, and greed. The ruin of the rival trust company caused a stock market crash and a bank rush which ultimately cost thousands their jobs and savings and put the entire world into financial turmoil.

The story is told through the eyes of Allan Montague -- a successful lawyer living in New York. Through the course of the story he becomes introduced to several power players -- many of whom have millions riding in the stock market. These big players, also use fronts and shill companies whose only purpose is to sell things -- they do not make anything. This gets the public and the government to invest in their companies which ultimately go bankrupt.

The players in the story aren't too terribly interested in money. They use it as points and live to out maneuver the other. Sinclair reveals the back room shanagans of the stock market and the manipulations they pulled on the market. In addition, he points out the press was unable to print the "truth" on account that many of the corporations owned the newspapers.

The book was a little hard to follow despite Sinclair's lucid writing style. There were many players in the story, many making brief and periodic appearances. Also, the economic theory behind the maneuverings could leave a reader a little bewildered if they aren't up on the subject of trusts, stocks, high finance and corporations. Although, I suspect that many of the manipulations the capitalists did have been corrected thanks to modern checks and safeguards, the book does reveal the vast amount of corruption on all levels of the American system: the government, banks, and other businesses manipulating other businesses. This book was almost a thriller / mystery and was entertaining and informative throughout.

2 of 3 people found the following review helpful:

5.0 out of 5 stars Surprisingly current, November 23, 2008

By	W. Watson (San Francisco, USA) - See all my reviews (REAL NAME)

This review is from: The Moneychangers (Paperback)

While this book was written almost a century ago it is surprisingly current with the economic situation we are presently in.