J.P.Morgan: The man who owned America.

6 months ago
164

Wealth, power, and influence. J.P Morgan had it all. He owned the first billion-dollar company. He
dominated the country's most profitable industries. And on multiple occasions, the economy of The
United States quite literally depended on the actions of J.P. Morgan. With a simple word or the stroke
of a pen, John Pierpont Morgan could save a company from collapse or doom it to bankruptcy. There
will never be another man quite like JP Morgan - literally, he is part of the reason the federal reserve
was created so that the finances of a country wouldn't be in the hands of one ultra wealthy and
influential financier.
This MagnatesMedia documentary is the story of JP Morgan - aka John Pierpont Morgan: the banker
who owned America. We'll look at how he pioneered Morganization to consolidate companies and
grow his fortune, how he made deals with the government to help stabilize the economy (e.g. through a
gold syndicate), and even the troubled personal life of John Pierpont Morgan - who despite his wealth
and business / financial success was plagued by tragedy. Of course long after JP Morgan died his
legacy has lived on through his bank (now JPMorgan Chase), and so I hope you enjoy the history of the
industrialist and magnate, John Pierpont Morgan

Loading comments...