Did J.P. Morgan's Men Add Value? A Historical Perspective on Financial Capitalism
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The pre-WWI period saw the heyday of "financial capitalism" in the United States: the concentration of securities issues in the hands of a few investment bankers which had substantial representation on corporate boards of directors. This form of organization had costs: it created a conflict of
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美国国家经济研究局创建时间：
1990-08-01
