J. P. Morgan Quotes


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The issue was still not decided by the beginning of the 21st Century except that a certain amount of public disclosure was required if the company raised funds by selling stock to the public, but there were some giant corporations that were private and exercised huge power and influence and yet whose operations were secret.


J. P. Morgan
J. P. Morgan
  • Born: April 17, 1837
  • Died: March 31, 1913
  • Nationality: American
  • Profession: Financier, Banker, Accountant, Art Collector

John Pierpont Morgan was 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 centuries.