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Albert J. Alletzhauser

The House of Nomura: The Inside Story of the Legendary Japanese Financial Dynasty Hardcover – May 1, 1990

by Albert J. Alletzhauser (Author)

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Traces the rise to power of Nomura Securities, the world's wealthiest company, from its origins in 1907, to its ruin after World War II, to its dramatic revival in the postwar era

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From Library Journal

The house of Nomura is one of several large financial conglomerates (or zajbatsu ) which currently influence the Japanese and world business environment. Though Nomura is not a recognizable name in most parts of America, the financial assets controlled by the group are enormous. Alletzhauser, an American stockbroker who spent two years in Tokyo, tells the history of Nomura from its beginning in 1872 through two wars to its present-day stature as one of the most influential financial groups in the world. The story abounds with insights into Japanese society and culture, making it a thoroughly captivating experience for a wide range of readership.
- Joseph Barth, U.S. Military Acad. Lib., West Point, N.Y.
Copyright 1990 Reed Business Information, Inc.

Hardcover: 343 pages
Publisher: Arcade Pub (May 1, 1990)
Language: English
ISBN-10: 1559700890
ISBN-13: 978-1559700894
Product Dimensions: 1.3 x 6.4 x 9.5 inches
Shipping Weight: 1.8 pounds (View shipping rates and policies)
Customer Reviews: 3 customer reviews
Amazon Best Sellers Rank: #1,375,452 in Books (See Top 100 in Books)
- #11185 in Investing (Books)

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Most interesting book.

January 5, 2020

Format: HardcoverVerified Purchase

Very informative book, The Rothschilds of Asia.

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Luc REYNAERT

Nearly a hagiography.

November 4, 2002

Format: Hardcover

The story of the biggest Japanese investment bank.
The development of this broker powerhouse was based on their door-to-door salesman: 'The pressure to generate stock-market orders is with a salesman every waking hour.' (p.191)
No orders, no commissions ... fired.
Good picture of the Japanese employee: a well paid slave, nearly without freedom or domestic life (see also the hilarious book by Amélie Nothomb 'Fear and Trembling').
Only 10% of the company's profits go to the employees, the other 90% to the directors, who spend fortunes on mistresses, official or not.
This book is not critical enough, although now and then it touches the other heart of the matter: churning of client accounts by overstressed salesmen, bribing of politicians and state officials, murky deals with underworld figures.
Interesting investigation but not the whole truth.

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well researched

April 14, 2008

Format: Paperback

it is a well researched book on the history of nomura. where it came from, by whom, how it developed...it is written in 1990 when nomura could buy up goldman sachs. it is outdated now but it is a good account of nomura history up to 1990. read it with the understanding that most info that the author could get is positive, that firm isn't as strong as the author described, especially now.

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