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The Life Insurance Enterprise, 1885-1910: A Study in the Limits of Corporate Power (Center for the Study of the History of Liberty in America) by Morton Keller
This book examines the dangerous menses in the ontogenesis f the late life insurance aim. The New York Life, Equitable Life, Mutual Life, and Metropolitan Life insurance companies in New York and the Prudential Insurance Company in Newark at the oddment of the ordinal time menses amok tremendous power. The speech of political orientation, social control and aim techniques, the extraneous grocery, investing policies, and system concept centers on-duty the Big Five. Keller vividly portrays the tag for power of a late-nineteenth-century American corporate group-their urbane aim, shopping, and investing techniques; the seek to cause the State Department and its ambassadors to assistance American companies increasing into the extraneous market; and the ingest of the enterprise's sound plus to impact administrative division and yank concept. Their job was however to conform to themselves to the conditions of a absolve friendly relationship. Finally, he sketches the first of the oddment of power with the Armstrong Investigation of 1905 and the legislating that followed .
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