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How Wall Street Created a Nation: J.P. Morgan, Teddy Roosevelt, and the Panama Canal

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With the drama of detective fiction, How Wall Street Created a Nation illustrates how a combination of financial gain and arrogant American imperialism culminated in the building of the Panama Canal. Ovidio Diaz Espino has artfully pieced together the tale of a dark alliance of greed between the bankrupt French Panama Canal Company and a secret syndicate of Wall Street financiers. With the full force of Teddy Roosevelt's Wall Street cabal and his gunboat diplomacy behind it, there was no stopping the canal project despite the objections of the American Congress and press. Espino brings a combination of financial acumen, historical expertise, and Latin American sensibility to this book.

ISBN-13: 9781568582665

Media Type: Paperback

Publisher: Basic Books

Publication Date: 09-30-2003

Pages: 276

Product Dimensions: 6.00(w) x 9.00(h) x (d)

Ovidio Diaz Espino was born in Panama. He earned a BA in political science from UCLA, a master in international law degree from the University of Cambridge (Trinity College), and a JD degree from UC Berkeley. He has worked as a lawyer for several Wall Street firms, including J.P. Morgan. He resides in New York and Panama.

Table of Contents

Preface and Acknowledgments xi
Major Characters xiii
Chronology of Events xvii
Map xix
1 Scandal 1
2 Wall Street Faces Congress 9
3 Colombia's Gamble 35
4 Panamanian Cohorts 49
5 Teddy's Conspiracy 65
6 Seducing the Patriots 83
7 Hamlet Revolution 97
8 Birthday of Bribery 119
9 Treachery 133
10 The Rape of the Isthmus 151
11 Who Got the Money? 169
Epilogue: A Chapter of Dishonor 197
Notes 205
Bibliography 227
Index 237