The Ambassador from Wall Street: The Story of Thomas W. Lamont, J.P. Morgan's Chief Executive

This is the first biography of the man who, as J.P. Morgan's CEO and the leading banker of his generation, helped establish U.S. economic policy through his broad-reaching financial, political and social connections. Thomas W. Lamont began life as the son of a Methodist parson. By the time he was forty he was a partner with J.P. Morgan & Co. Within a decade he emerged as chief executive. With the powerful Morgan bank at the pinnacle of domestic and international finance, Lamont was in the middle of economic history as it was being made--from the Versailles Treaty to the New Deal. He was on the inside of many of the most politically charged international events of the time--the Dawes Loan and the Young Plan negotiations on German reparations, the disputes over the Allies' war debt, the Japanese domination of Manchuria, the Mexican debt debacle, and the rancorous American debate over aid to embattled England before Pearl Harbor. Lamont advised presidents, prime ministers and their li