J. P. Morgan

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Person.png J. P. Morgan  Rdf-entity.pngRdf-icon.png
(banker, businessman, deep politician)
J. P. Morgan.jpg
In 1903
BornJohn Pierpont Morgan
1837-04-17
Hartford, Connecticut, U.S.
Died1913-03-31 (Age 75)
Rome, Italy
Alma materUniversity of Göttingen
ReligionEpiscopalian
Parents • Junius Spencer Morgan
• Juliet Pierpont
Children • Louisa Pierpont Morgan
• John Pierpont Morgan Jr.
• Juliet Morgan
• Anne Morgan
SpouseAmelia Sturges
Founder ofCorsair Club, General Electric, Morgan Guaranty Trust, United States Steel Corporation
Member ofCorsair Club, Delta Kappa Epsilon, The Money Trust
Perpetrator of1907 Panic
Interest ofOscar 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

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

EventDescription
1907 PanicJohn 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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References


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