Part one of term paper
“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 ...

Part two of term paper
... in the American industry and in big business corporations. Through his leadership, Morgan salvaged America's financial systems several times during his lifetime. In the railroad industry, he was known as the great arbiter, saving several railroads with his successful reorganizations. In the steel industry, Morgan combined many holdings into one of the successful ventures of the time. In his lifetime, J.P. Morgan was certainly a captain of industry who saved the American financial system and n ...