A Napoleon of “high finance”
Charles M. Schwab, as Napoleon, sits on a rock in the middle of the ocean, looking back at the setting sun labeled “Business Reputation.” He is holding in his right hand papers labeled “Investigation Ship Building Scandal,” and other papers labeled “Steel Trust” are in his coat pocket.
Comments and Context
The depiction of Charles M. Schwab as an exiled Napoleon represents a troubled period in the career of an otherwise colorful success story of an American business icon. The steel executive who had worked for Andrew Carnegie and J. P. Morgan became a steel-industry entrepreneur with the acquisition of Bethlehem Steel.