In 1900 American industry was dominated by tycoons such as John Pierpont Morgan and John D.
ECONOMIST: Business in India
John Pierpont Morgan made his money as a financial backer of industrial companies.
FORBES: There's Nothing Wrong With Hedging, Except...
The great counterexample to Goldman Sachs under Lloyd Blankfein is the banking of John Pierpont Morgan, the most powerful banker in the U.S. in the late nineteenth and early twentieth centuries.
FORBES: To Save Goldman Sachs, Lloyd Blankfein Must Go
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