The Money-Changers

by Arthur Hailey

Hardcover, 1975

Collection

Description

The #1 bestselling author of the blockbuster thrillers Airport and Hotel takes on the world of high finance: "Cliched, lurid and utterly absorbing" (Philip Hensher, The Guardian). Ben Roselli, president of First Mercantile American Bank and grandson of the founder, makes the shocking announcement that he's dying. With no offspring to inherit the company, Roselli knows that executive VPs Roscoe Heyward and Alex Vandervoort are the obvious candidates to succeed him. Heyward, who has been with First Mercantile for two decades, will do whatever it takes to bring in new clients and win the coveted presidency. Vandervoort, a newcomer from the Federal Reserve with a left-wing girlfriend, advocates for a socially responsible plan of growth. And now the discovery of counterfeit cash and credit card fraud threatens the future of the bank itself. From the day-to-day business dealings to the inner sanctums of the money trading center and the boardroom, Hailey's novel is a riveting tale of ambition, greed, and the US banking system.… (more)

Library's rating

Rating

(96 ratings; 3.4)

User reviews

LibraryThing member writemoves
I read this book a few decades ago. Thought the references to bank technology is dated, the storyline runs true even today. Greedy bank executives and Board vs. social conscious and customer oriented executive VP. Guess who wins, for a change?
LibraryThing member nordie
Another widereaching story from Hailey, this time dealing with banks.

As the day begins at First Mercantile American Bank, so do the high-stake risks, the public scandals, and the private affairs. It is the inside world where secret million-dollar deals are made, manipulated, and sweetened with sex
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by the men and women who play to win.

It's a little dated (written around 1975, and just after Watergate), but the underlying principles are still the same - the moving of money, the gold standard, the relationship of the bank managers to the tellers, investigations into wide fraud etc.

Hailey is showing his strengths in showing both the wider view, plus the small personal details. There's the security men, the Branch and the Bank Mangers, the tellers and enough background story to explain why they do what they do, and the principles they adhere too
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Publication

Doubleday and Company, Inc. (1975)

Original publication date

1975-03

Pages

436

Language

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