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Bernard Mannes Baruch

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Published on Apr 11, 2012

Bernard Mannes Baruch was by all accounts one of the most famous and influential Americans of his era -- and certainly one of the wealthiest. Born in South Carolina in 1870, Baruch was a governor of the New York Stock Exchange by the age of thirty-three, amassing millions as a self-described "speculator." But by the time he was in his mid-forties he began to feel discontented with a life devoted to making money, and he sought ways that he could use his expertise in finance to benefit social and economic policy.

For the next fifty years, from World War I through Vietnam, Bernard Baruch worked to influence politicians and public opinion, serving as advisor to five presidents. He was Chairman of the War Industries Board in Woodrow Wilson's administration, a friend and counselor to Churchill and FDR, and the American representative on the United Nations Atomic Energy Commission; he was a major philanthropist to many causes, including the Democratic Party, Bellevue Hospital and his alma mater, the City College of New York.

Beginning with a Southern Jewish family in the violent years of Reconstruction, the Baruch story moves through the golden era of the Stock Exchange, two World Wars, the emergence of the atom bomb and the Cold War. It serves as a window into the New Freedom policies of Woodrow Wilson; the Treaty at Versailles and the League of Nations; FDR and the New Deal; and the development of the Atomic Energy Commission.

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