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The name “J.P. Morgan” may first bring to mind a large American bank, but it’s the man behind the bank who’s worth studying. Born in 1837, John Pierpont Morgan became one of the world’s leading financial minds in the late 19th century. This biographical text explores Morgan’s life and accomplishments, including his career in banking and his involvement in the steel industry, General Electric, and International Harvester. Through curriculum-focused text, primary sources, historical photographs, and a timeline, readers gain a full understanding of why Morgan is known as one of the United States’ greatest entrepreneurs.
There is no arguing J.P. Morgan’s monumental influence. As both the guardian of America’s financial sturdiness and a well-appointed exploiter of the system’s regulatory shortcomings, Morgan’s actions raised questions that still resonate: What does it mean for Wall Street to be out of control? How best can government and business collaborate when it comes to buttressing a fragile economy? Should financial interests be allowed to profit from government bailouts? By delving into Morgan’s attitudes and way of thinking, we can begin to understand the motivations and limitations of modern-day financial giants like Goldman Sachs, JPMorgan Chase, and even Warren Buffett. These are lessons ...
Read about the life of this rich and powerful capitalist.
NATIONAL BESTSELLER The definitive full-scale portrait of J. Pierpont Morgan’s tumultuous life, both in and out of the public eye History has remembered him as a complex and contradictory figure, part robber baron and part patron saint. J. Pierpont Morgan earned his reputation as “the Napoleon of Wall Street” by reorganizing the nation’s railroads and creating industrial giants such as General Electric and U.S. Steel. At a time when the country had no Federal Reserve system, he appointed himself a one-man central bank. He had two wives, three yachts, four children, six houses, mistresses, and one of the finest art collections in America. In this extraordinary book, drawing extensivel...