When EGA set up European headquarters in Paris' elegant Hotel Talleyrand, overlooking the Place de la Concorde, a cynical boulevardier cracked: "How very appropriate for our American friends to choose that building! The only other people who ever succeeded in unifying Europe lived there tooTalleyrand and the De Rothschilds."*
Their claim as unifiers was historically debatable, but there was no argument that Talleyrand had employed a consummate skill in diplomacy and the De Rothschilds a wizardry in finance. The ECAmericans were a rougher corps, a new breed of economic diplomat from across the sea, by...