The Collapse of Barings

Author(s) : FAY Stephen
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The saga of Baring Brothers begins in the 18th century, reaching its first peak when the bankers financed a loan to the United States allowing it to purchase Louisiana from Napoleon, despite England being at war against France. They would become the most celebrated banking house in Europe as is witnessed in the verse of Byron's Don Juan:

Who keeps the world both
old and new, in pain
Or pleasure? Who makes
politicians run gibber all?
The shade of Buonaparte's
double daring?
Jew Rothschild and his
fellow, Christian Baring.

Quoted from Chapter One published in The New York Times on the Web, 1997.


Year of publication :
Place and publisher :
W. W. Norton & Company Inc.
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