2 Also present was Thomas Lamont, a friend of Strong’s who would become the...
Citations (1)
- All the Presidents' Bankers: The Hidden Alliances That Drive American Power whole source · open book
2 Also present was Thomas Lamont, a friend of Strong’s who would become the youngest Morgan partner in 1911; he would later rise to run the firm and have a substantive impact on foreign-financial policy during World War I and for decades afterward. According to Lamont, Morgan demanded that another $25 million loan be made “to save the Trust Company of America.
chapter: Introduction: When the President Needed the Bankers