Into Russia's Cauldron

An American Vision, Undone

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Pub Date Oct 31 2021 | Archive Date Nov 26 2021

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Description

“Late in the night, the new Russia made itself known.”

Into Russia’s Cauldron takes you on the dramatic journey of an individual and an institution fighting the inevitable in revolutionary Russia, a story grippingly brought to life in the century-old journal of Leighton Rogers. In 1916, The National City Bank of New York, the precursor of today’s Citibank, sent Rogers to Petrograd, the capital of the Russian Empire, to join a mission hell-bent on achieving American commercial preeminence in Russia––a vision set forth by the bank’s president, Frank Vanderlip, who enthusiastically declared “Russia’s need for capital is like Sahara’s thirst for water.” 

Now published, Rogers’ journal provides a fresh, riveting eyewitness account of that tumultuous time, his personal transformation under fire, the failure of America’s then largest financial institution to timely perceive and mitigate risk, and enduring insights and foreboding about today’s Russia. Into Russia’s Cauldron is a compelling story of insight, conviction and hubris which will appeal to Russian history students, business and finance professionals, and readers looking for stand out real life drama. 

“Late in the night, the new Russia made itself known.”

Into Russia’s Cauldron takes you on the dramatic journey of an individual and an institution fighting the inevitable in revolutionary Russia, a...


Advance Praise

“Fascinating, expertly told . . . A vivid account of a perceptive young American enthralled with an exotic Russia and a cautionary tale about corporate naivete in a little-understood land.”  

­—John Tefft, former US ambassador to Russia


"Steven Fisher, a long-time Citibanker, has framed a riveting and elegant diary account by one of his predecessors who lived through the Russian revolution in 1917. Into Russia’s Cauldron offers eloquent insights into a grim revolutionary drama. Astonishingly, rather than disaster, bankers saw opportunities, but wrong they were." 

­— Dr. Anders Åslund, adjunct professor, Georgetown University

 

“Steven Fisher’s meticulous presentation of Leighton W. Rogers’ spirited chronicle of the Russian revolution combines the freshness of eyewitness with the hard-won wisdom of a century’s hindsight. Into Russia’s Cauldron is a resonant and engrossing work, written with judicious affection and great style.”

 ­— Rachel Polonsky, author of Molotov’s Magic Lantern

“Fascinating, expertly told . . . A vivid account of a perceptive young American enthralled with an exotic Russia and a cautionary tale about corporate naivete in a little-understood land.”  

­—John...


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Featured Reviews

Fascinating and unique perspective of a pivotal period of history. One man's experience , told through his journal entries , of living through the very beginnings of the Russian Revolution. Living near ground zero of this tumultuous time his detailed descriptions are novel-worthy in their scope and opinions. As an American living in Russia during this time, with his limited knowledge of what was going on around him politically and culturally , he learns some hard life lessons that were not wasted on him late in life.
This is a worthy addition to any collection on this time period .

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