J.P.#MORGAN- THE ONE-HANDED FAMILY MANIPULATES THE US ECONOMIC, AND IMPACT THE MARKET #CRYPTO
John Pierpont Morgan was born on April 17, 1837, in Hartford, Connecticut, USA. He and his father were both successful and famous merchants in the area.
The process of doing business with huge sums of money has created relationships for his father to borrow and pay with commercial papers, bonds and even debt certificates. Therefore, the idea of banking and currency trading was introduced to J.P Morgan's father since he was a child
In 1861, at the urging of his father, Morgan founded J.P. Morgan. His father was appointed distributor throughout the United States
In this year, the civil war between the North and South of America broke out, Morgan realized this was a great business opportunity. The commodity he is interested in is gold, because the price of gold at this time goes up or down related to the victory or defeat of the South and North. To master information about the civil war, he hooked up with a telegraph operator and this helped him always get accurate information more immediately than others and he made huge profits.
After amassing a large amount of money, Morgan became famous on Wall Street and became a star in the financial sector.
By 1870, J.P Morgan lent money to the French government during the war against Otto von Bismarck. This event made Morgan's first corporation do business with foreign governments.
In 2000, Chase Manhattan Group signed a merger with J.P.Morgan Group in a deal worth $33 billion. By July 1, 2004, J.P.Morgan Chase & Co. & Bank one completed the merger to become the 5th largest bank in the world
John Pierpont Morgan was born on April 17, 1837, in Hartford, Connecticut, USA. He and his father were both successful and famous merchants in the area.
The process of doing business with huge sums of money has created relationships for his father to borrow and pay with commercial papers, bonds and even debt certificates. Therefore, the idea of banking and currency trading was introduced to J.P Morgan's father since he was a child
In 1861, at the urging of his father, Morgan founded J.P. Morgan. His father was appointed distributor throughout the United States
In this year, the civil war between the North and South of America broke out, Morgan realized this was a great business opportunity. The commodity he is interested in is gold, because the price of gold at this time goes up or down related to the victory or defeat of the South and North. To master information about the civil war, he hooked up with a telegraph operator and this helped him always get accurate information more immediately than others and he made huge profits.
After amassing a large amount of money, Morgan became famous on Wall Street and became a star in the financial sector.
By 1870, J.P Morgan lent money to the French government during the war against Otto von Bismarck. This event made Morgan's first corporation do business with foreign governments.
In 2000, Chase Manhattan Group signed a merger with J.P.Morgan Group in a deal worth $33 billion. By July 1, 2004, J.P.Morgan Chase & Co. & Bank one completed the merger to become the 5th largest bank in the world