Bankers and empire how Wall Street colonized the Caribbean

From the end of the 19th century until the onset of the Great Depression, Wall Street embarked on a stunning, unprecedented, and often bloody period of international expansion in the Caribbean. The precursors to institutions like Citibank and JPMorgan Chase, as well as a host of long-gone and lesser...

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Bibliographic Details
Main Author: Hudson, Peter James
Format: eBook
Language:English
Published: Chicago The University of Chicago Press 2017, 2017
Subjects:
Online Access:
Collection: Oxford University Press - Collection details see MPG.ReNa
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520 |a From the end of the 19th century until the onset of the Great Depression, Wall Street embarked on a stunning, unprecedented, and often bloody period of international expansion in the Caribbean. The precursors to institutions like Citibank and JPMorgan Chase, as well as a host of long-gone and lesser-known financial entities, sought to push out their European rivals so that they could control banking, trade, and finance in the region. In the process, they not only trampled local sovereignty, grappled with domestic banking regulation, and backed US imperialism - but they also set the model for bad behaviour by banks, visible still today. Peter James Hudson tells the provocative story of this period, taking a close look at both the institutions and individuals who defined this era of American capitalism in the West Indies