Investigation of concentration of economic power: final report and recommendations of the Temporary National Economic Committee transmitted to the Congress of the United States pursuant to Public resolution no. 113 (Seventy-fifth Congress) authorizing and directing a select committee to make a full and complete study and investigation with respect to the concentration of economic power in, and financial control over, production and distribution of goods and services.

First published in 1999. The present study does not challenge the argument that a managerial revolution occurred. It does modify the significance of the change by presenting evidence—for the first time—of the extent to which corporate managers themselves were beholden to major players in the financial sector—especially a small group of New York banks which served as the main suppliers of term loans (loans with maturity of 1-10 years) to industrial corporations.