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The Moneychangers

by Arthur Hailey

MembersReviewsPopularityAverage ratingMentions
829528,085 (3.39)11
The number one bestselling author of the blockbuster thrillers Airport and Hotel takes on the world of high finance. 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)
  1. 00
    The Panic of '89 by Paul Erdman (HenriMoreaux)
    HenriMoreaux: Moneychangers is a little more business orientated than Panic of '89 which is more market orientated but if you enjoyed one, you will likely also enjoy the other.
  2. 00
    Wheels by Arthur Hailey (HenriMoreaux)
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    Airport by Arthur Hailey (HenriMoreaux)
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    The Crash of '79 by Paul E. Erdman (HenriMoreaux)
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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 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 ( )
  nordie | Oct 14, 2023 |
8473860853
  archivomorero | May 21, 2023 |
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? ( )
  writemoves | Jan 30, 2017 |
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Epigraph
If thou art rich, thou'rt poor;

For, like an ass whose back with ingots bows,

Thou bear'st thy heavy riches but a journey,

And death unloads thee.

Shakespeare, Measure for Measure

Foul-cank'ring rust the hidden treasure frets,

But gold that's put to use more gold begets.

Venus and Adonis
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Long afterwards, many would remember those two days in the first week of October with vividness and anguish.
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ISBN 085456568X is a Reader's Digest condensed [abridged] version of the book. Please Do Not combine that book with this book that contains the complete story.

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The number one bestselling author of the blockbuster thrillers Airport and Hotel takes on the world of high finance. 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.

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