Book contents
- Edward A. Tenenbaum and the Deutschmark
- Studies in New Economic Thinking
- Edward A. Tenenbaum and the Deutschmark
- Copyright page
- Dedicated to
- Contents
- Figures
- 1 Introduction
- 2 Ludwig Erhard, Who Took Credit for Edward A. Tenenbaum’s Success
- 3 Edward A. Tenenbaum’s Family Roots, Adolescence, and Military Experience until 1946
- 4 In Action for OMGUS and Currency Reform in Germany 1946–1948
- 5 From OMGUS to Civil Service in Washington, DC and for Europe 1948–1953
- 6 Life and Fate as a Businessman and Family Man 1953–1975 and Beyond
- 7 Conclusion
- Notes
- Acknowledgments
- Abbreviations
- Index
6 - Life and Fate as a Businessman and Family Man 1953–1975 and Beyond
Published online by Cambridge University Press: 19 October 2024
- Edward A. Tenenbaum and the Deutschmark
- Studies in New Economic Thinking
- Edward A. Tenenbaum and the Deutschmark
- Copyright page
- Dedicated to
- Contents
- Figures
- 1 Introduction
- 2 Ludwig Erhard, Who Took Credit for Edward A. Tenenbaum’s Success
- 3 Edward A. Tenenbaum’s Family Roots, Adolescence, and Military Experience until 1946
- 4 In Action for OMGUS and Currency Reform in Germany 1946–1948
- 5 From OMGUS to Civil Service in Washington, DC and for Europe 1948–1953
- 6 Life and Fate as a Businessman and Family Man 1953–1975 and Beyond
- 7 Conclusion
- Notes
- Acknowledgments
- Abbreviations
- Index
Summary
After his return to Washington DC from his MSA mission to Athens (April 1952 to June 1953), Tenenbaum, in 1953, founded the Edward A. Tenenbaum Company for financial consulting in Washington DC. In February 1954, he announced to the press the formation of a partnership named Continental-Allied Company, Inc. with his former immediate boss in OMGUS Berlin, General Lucius D. Clay’s Financial Adviser Jack Bennett. The company’s purpose was described: “it will accept commissions for international and United States investments, exports and imports, consultation and advice in financial, economic and trade matters, as well as public relations.” The company mainly produced reports on financial and economic problems of developing countries, either commissioned by their governments or by the World Bank. In 1969, Tenenbaum changed focus. Rather than in financial consulting, he became more interested in sharing with his wife a greenhouse business on their own large property in rural Herndon VA, where the family had lived since 1949. By 1956, four kids had been born. The youngest, Charlie, was struck by a car in March 1969 in Herndon VA and was immediately dead. A second tragedy hit the family when Edward Tenenbaum was killed in a car crash at the age of 53.
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- Edward A. Tenenbaum and the DeutschmarkHow an American Jew Became the Father of Germany’s Postwar Economic Revival, pp. 594 - 625Publisher: Cambridge University PressPrint publication year: 2024