Word: parvenus
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Dates: during 1920-1929
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...Hamburg. Here, in 1798, was founded M. M. Warburg & Co. Since the founding of the Warburg firm-130 years ago-a son of the Warburg family has always headed the House of Warburg; no person not a Warburg has ever reached a dominant position. Comparatively, the Morgans are parvenus...