J.P. Morgan “No, sir, the first thing is character. Before money or anything else. Money cannot buy it Because a man I do not trust could not get money from me on all the bonds in Christendom” (Sinclair XIII). With that line, John Pierpont Morgan ended his career in a show-stealing manner. Indeed, J.P. Morgan was a man of character; moreover, he was perhaps the greatest Wall Street banker of the decade. Unlike others who gained fame at a young age, Morgan lived in obscurity until 1895, where at the age of 58, he signed a contract to supply gold to the United States Treasury propelling him into the headlines (Wheeler 3). The mid to late 19th century was a period of expansion in the American industry and in big business corporations. Through his leadership, Morgan salvaged America's financial systems several times during his li....

Number Of Pages: 5

Number Of Words: 1129

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