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John Pierpont (JP) Morgan. The Family. Born April 17, 1837 in Hartford, Connecticut Parents were Juniet Spencer Morgan and Juliet (Pierpont) Morgan Father was involved in George Peabody & Company Parents were middle to upper class. Education.
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The Family • Born April 17, 1837 in Hartford, Connecticut • Parents were Juniet Spencer Morgan and Juliet (Pierpont) Morgan • Father was involved in George Peabody & Company • Parents were middle to upper class
Education • Minor education was from an English school in Boston • Went to University of Gottingen in Germany
Beginning of a LongCareer • Got a job for private banking house Duncan Sherman & Company • Became agent and attorney for George Peabody and Company • After civil war Morgan bought out bankrupt business's and railroads • J.P. Morgan made J.P. Morgan & Company in 1895
Big Business Deals • J.P. Morgan personally bought 200 million in government bonds • Bought steel mills from Andrew Carnegie • Formed U.S. steel corporation in 1901 worth about 1.2 billion dollars
Legacy Left Behind • Died March 31, 1913 in Rome, Italy • Was 76 years old • Left 80 million dollars • Controlled billions is assets
Bibliography • "The Man Who Bailed Out the US and Wall Street: Bailouts in 1895 and in 1907 Changed US Finance." Business CEOs. Web. 18 Feb. 2010. <http://business-ceos.suite101.com/article.cfm/the_man_who_bailed_out_the_us_and_wall_street>. • "J. P. Morgan: Biography from Answers.com." Answers.com: Wiki Q&A combined with free online dictionary, thesaurus, and encyclopedias. Web. 18 Feb. 2010. <http://www.answers.com/topic/j-p-morgan>. • "John Pierpont Morgan - Biography -." Biography.com. Web. 18 Feb. 2010. <http://www.biography.com/articles/John-Pierpont-Morgan-9414735>. • "Yahoo! Image Detail for - http://fxstar-luke.up.seesaa.net/image/federalreservenygold.jpg." Yahoo! Image Search. Web. 18 Feb. 2010. <http://images.search.yahoo.com/images/view?back=http%3A%2F%2Fimages.search.yahoo.com%2Fsearch%2Fimages%3Fp%3DFederal%2Breserve%2Bgold%26vm%3Dr&w=360&h=523&imgurl=fxstar-luke.up.seesaa.net%2Fimage%2Ffederalreservenygold.jpg&rurl=http%3A%2F%2Ffxstar-luke.seesaa.net%2F&size=32k&name=federalreserveny...&p=Federal+reserve+gold&oid=b2e625f53ee54ef8&fr2=&no=10&tt=13077&sigr=10uk2upi5&sigi=11od5k9ca&sigb=128o5e3ta&vm=r>. • "Gottingen's University on Flickr - Photo Sharing!" Welcome to Flickr - Photo Sharing. Web. 18 Feb. 2010. <http://www.flickr.com/photos/blandm/337861708/>.