Thursday, February 28, 2013

JP Morgan

I am used to thinking, as portrayed in the popular culture, of our countrys financial giants of yesteryear as bullies and crooks, who trampled over a litter of people for their own personal gain. The word queen had been for me a synonym for thief, but on so meretricious a scale that the subject could not be affected by the weak arm of the law. At the same snip, I am used to looking at the USA as a mighty superpower. It has seemed to be such throughout my life save the last year or so. It appeared a intelligent assumption that it had been so for a good deal yearlong than that, and was thus also likely to remain so for an all-inclusive period into the future. However, after reading the book Morgan American moneyman I realized that things may be a atomic number 42 more complicated and fire.
The book brought out some interesting ironies that highlighted the complex nature of Morgan. He was deeply religious and a womanizer. He was a handsome youth, but an ugly adult. He was a leader, but not a good speaker unit or writer. Despite achieving every worldly success, he suffered from fits of depression.

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perchance the biggest irony of them all was that while he was the architect of companies value billions of dollars that defined the future of the United States, and while he singlehandedly averted a financial crisis and a depression that would potentially follow, his personal luck was a mere $80 million at the time of his death. This number seemed to dwarf both his importance as a business man of such grand scale as well as his personality.
While there is no interrogative sentence that the law of money was all Morgan understood, he did a lot of good for the country and the world of finance. He can be credited with moving investments from Europe to the US and thus establishing it as the center of world finance. He can also be credited with scripting the broad-based shift from debt to equity type financing. Twice he saved the country from a potential financial disaster, and arguably served as the blueprint...If you want to get a full essay, come out it on our website: Orderessay

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