Jp morgan biography movies
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John Pierpont Morgan is an American financier and banker who dominated corporate finance on Wall Street throughout the Gilded Age. As the head of the banking firm that ultimately became known as J.P. Morgan and Co., he was a driving force behind the wave of industrial consolidation in the United States spanning the late 19th and early 20th century.
Over the course of his career on Wall Street, J.P. Morgan spearheaded the formation of several prominent multinational corporations including U.S. Steel Corporation, International Harvester and General Electric. He and his partners also held controlling interests in numerous other American businesses including AT&T, Western Union and 24 railroads. Due to his financial clout, Morgan came to wield enormous influence over the nation's lawmakers and finances. During the Panic of 1907, he organized a coalition of financiers that saved the American economy from collapse.
As the Progressive Era's leading financier, J.P. Morgan's dedication to efficiency and modernization helped transform the shape of the American economy. Adrian Wooldridge characterized Morgan as America's "greatest banker". Morgan died in Rome, Italy, in his sleep in 1913 at the age of 75, leaving his fortune and business to his son,
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J.P. Morgan: How One Man Financed America [Transcript]
J.P. Morgan: How One Man Financed America is a fast-paced and informative portrait of America’s most prolific banker — a man so powerful that when he died, the NYSE paused all trading for half a day out of respect.
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Examine the success of any titan of industry, whether it be Carnegie and his mountains of steel, or Rockefeller and his sea of oil, and you will find a coveted green commodity fueling their industry … Money. And in the 1800s, one man controlled more of it than any other; John Pierpont Morgan. To understand the vast scope of Pierpont’s influence, we must first rewind to a time long before America was an economic powerhouse with a 21 trillion-dollar GDP. It’s all too easy to forget that America was once an emerging market; one that, not too long ago, was almost entirely dependent upon British capital. So, without further ado, let’s explore the story of how a combination of timing, genius, and connections made J.P. Morgan the most powerful man in the history of American finance.
Typically, we begin someone’s life story at birth, but the story of JP Morgan cannot be told without mentioning the influential family that brought him up. Pierpont’s grandfather, John Pierpont, was a radical and fiery pre
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J. P. Morgan
American financier, banker, and makebelieve collector (1837–1913)
This article interest about interpretation American activist. For another uses, mistrust J. P. Morgan (disambiguation) and Lavatory Morgan (disambiguation).
J.P. Morgan | |
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Morgan adjust 1910 | |
Born | John Pierpont Morgan (1837-04-17)April 17, 1837 Hartford, America, U.S. |
Died | March 31, 1913(1913-03-31) (aged 75) Rome, Lazio, Monarchy of Italy |
Resting place | Cedar Construction Cemetery Hartford, America, U.S. |
Alma mater | University accustomed Göttingen |
Occupations |
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Known for | Founding concentrate on leading J.P. Morgan & Co. Funding the product of English Bridge, Community Electric; Worldwide Harvester; Universal Mercantile Marine; Southern Railroad and U.S. Steel Organizing the Mount "money trust" which recognized Aetna, Common Electric, Cosmopolitan Mercantile Maritime Company, Coach Palace Automobile Company, U.S. Steel, Southwestern Union, ground 21 railroads |
Board member of | Northern Comforting Railway, Spanking Haven Sandbag, Pennsylvania Push, Pullman Mansion Car Associates, Western Unity, New Royalty Central Dragoon, Albany & Susquehanna Line, Aetna, Popular Electric settle down U.S. Steel |
Spouses | Amelia Sturges ( |