From Baghdad to Boardrooms– book on private Jewish Bank - KA Zilkha Maison de Banque

Started by CrackSmokeRepublican, March 01, 2011, 09:23:58 PM

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CrackSmokeRepublican

From Baghdad to Boardrooms– My Family's Odyssey
by Ezra K Zilkha with Ken Emerson

Self Published in 1999 by Ezra K Zilkha  <$>
No ISDN Number 253 pp

Reviewed by Anna Dangoor


'From Baghdad to Boardrooms' is an excellent book on many levels. It took me almost no time to read, entertaining me with countless anecdotes, some amusing, some insightful, and some possessing both qualities at once.

Written as a testament to the life of Khedouri Zilkha, Ezra's father, the book is also a memoir of Ezra's own life, charting his achievements in the business world, and also on a more personal level.

The book begins by describing how Khedouri set up the first and largest private branch banking system in the Middle East, KA Zilkha Maison de Banque. Its first branch in Baghdad, Ezra's birthplace, was opened by Khedouri when he was only fifteen, and he went on to open other banks in Beirut, Cairo, and Alexandria. Khedouri ran his banks by a strict code of traditional business ethics, always reliable, and always true to his word. Ezra notes how when his father was starting out, much of his business was conducted simply on the strength of a person's good reputation. This kind of practice would regrettably today be considered incredibly risky.

It is evident that the values that Khedouri stood by were passed down to Ezra. He explains how important it was to him within all his business, to preserve the excellent reputation his father had created for the Zilkha name. He also talks of his extreme fear of the shame of bankruptcy which is an admirable concern in today's world where all too many businesses take the loss of other people's money far too lightly.

'From Baghdad to Boardrooms' gives an insight into the world of business, detailing numerous deals and ventures that Ezra was involved in. He also describes vividly the huge spectrum of people and characters that he had the pleasure (or sometimes displeasure) of coming into contact with, amongst whom familiar names such as Margaret Thatcher, Henry Kissinger, and Jimmy Goldsmith crop up.

The book also sheds light on Ezra's own character. He is an extremely self-disciplined, and principled man who bestows a great deal of respect upon those who deserve it. His Iraqi background has left its mould on his character, and its influence often appears when he quotes old Arab sayings such as, 'show them death, and they'll settle for sickness'. Ezra is also a very warm and loving man, and he shows great admiration and affection for his wife Cecile, and for his beloved father Khedouri in memory of whom the book is dedicated.

This book is a journey through highs, and lows, through good times, and bad times. The journey of a child, who watched his father with awe and admiration, and who is now a man himself with children of his own. By writing this book Ezra has offered you a chance to travel this journey with him, and I strongly recommend you take it.

http://www.dangoor.com/74001.html
After the Revolution of 1905, the Czar had prudently prepared for further outbreaks by transferring some $400 million in cash to the New York banks, Chase, National City, Guaranty Trust, J.P.Morgan Co., and Hanover Trust. In 1914, these same banks bought the controlling number of shares in the newly organized Federal Reserve Bank of New York, paying for the stock with the Czar\'s sequestered funds. In November 1917,  Red Guards drove a truck to the Imperial Bank and removed the Romanoff gold and jewels. The gold was later shipped directly to Kuhn, Loeb Co. in New York.-- Curse of Canaan