"High Finance" by Otto H. Kahn is a speech given to newspaper publishers that examines how the public sees the world of finance in the United States. This work discusses what "high finance" really means, pointing out common misunderstandings about it and highlighting how important it is to the country's economy. Kahn explains that finance isn't just about risky deals or taking advantage of people, but it's actually about organizing money to help create jobs and build things. He defends the people working in finance, admitting that they've made mistakes in the past but also showing how the industry is improving with new rules and a stronger sense of ethics. Kahn encourages people in finance to be open, honest, and helpful to their communities, so they can gain the public's trust and show everyone how they help the economy grow and stay steady.
High Finance
By Otto H. Kahn
A powerful speech seeks to redefine the reputation of financiers, urging them towards transparency and public service to bridge the gap between perception and reality in the American economy.
Summary
About the AuthorOtto Hermann Kahn was an American investment banker, collector, philanthropist, and patron of the arts. Kahn was a well-known figure, appearing on the cover of Time magazine and was sometimes referred to as the "King of New York". In business, he was best known as a partner at Kuhn, Loeb & Co. who reorganized and consolidated railroads. In his personal life, he was a great patron of the arts, where among things, he served as the chairman of the Metropolitan Opera.
Otto Hermann Kahn was an American investment banker, collector, philanthropist, and patron of the arts. Kahn was a well-known figure, appearing on the cover of Time magazine and was sometimes referred to as the "King of New York". In business, he was best known as a partner at Kuhn, Loeb & Co. who reorganized and consolidated railroads. In his personal life, he was a great patron of the arts, where among things, he served as the chairman of the Metropolitan Opera.
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