J. P. Morgan
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 J. P. Morgan    (banker, businessman, deep politician) | |
|---|---|
 In 1903 | |
| Born | John Pierpont Morgan 1837-04-17 Hartford, Connecticut, U.S. |
| Died | 1913-03-31 (Age 75) Rome, Italy |
| Alma mater | University of Göttingen |
| Religion | Episcopalian |
| Parents | • Junius Spencer Morgan • Juliet Pierpont |
| Children | • Louisa Pierpont Morgan • John Pierpont Morgan Jr. • Juliet Morgan • Anne Morgan |
| Spouse | Amelia Sturges |
| Founder of | Corsair Club, General Electric, Morgan Guaranty Trust, United States Steel Corporation |
| Member of | Corsair Club, Delta Kappa Epsilon, The Money Trust |
| Perpetrator of | 1907 Panic |
| Interest of | Oscar Callaway |
John Pierpont "J. P." Morgan was a US deep politician who dominated The Money Trust. As a financier and businessman he ruthlessly dominated corporate finance and industrial consolidation for decades.
Activities
J. P. Morgan owned four yachts, Corsairs I, II, III & IV. He is the presumed founder of the Corsair Club, an elite dining club.
Panic of 1907
- Full article: Panic of 1907
- Full article: Panic of 1907
Opinions
“... [credit] is an evidence of banking, but it [credit] is not the money itself. Money is gold, and nothing else.”
J.P. Morgan [1]
An event carried out
| Event | Description |
|---|---|
| 1907 Panic | John D. Rockefeller and J. P. Morgan conspired to remove opposition to control of the US money system by the money trust. |
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