After the 1907 panic, Pierpont also took a large block of Na
Citations (1)
- The House of Morgan - An American Banking Dynasty and the whole source · open book
After the 1907 panic, Pierpont also took a large block of National City stock and put Jack on its board. The public could be forgiven for suspecting that these “Morgan banks” avoided competition and exercised veto power over new entrants to the capital markets.
chapter: 8. Titanic