Other People’s Money, and How the Bankers Use It

Other People's Money, and How the Bankers Use It is a 1914 book by Louis Brandeis, an associate justice of the U.S. Supreme Court. The work critiques the control that investment bankers exerted over American industry. Brandeis argued that these bankers used their influence to manipulate businesses for their own profit, often at the expense of the companies and the public. His book advocated for enforced competition and challenged monopolies and interlocking directorates, influencing the passage of antitrust legislation like the Clayton Anti-Trust Act and the Federal Trade Commission Act.1