https://padlet.com/galyssaj/puk4gezuppuz en-us 2017-01-08 16:18:41 UTC 2017-01-18 22:59:30 UTC hello@padlet.com galyssaj https://padlet.com/galyssaj/puk4gezuppuz/wish/147968858   Is JP Morgan a Robber Baron?]]> 2017-01-18 22:32:53 UTC https://padlet.com/galyssaj/puk4gezuppuz/wish/147968858 galyssaj https://padlet.com/galyssaj/puk4gezuppuz/wish/147969364 One of the most powerful bankers of his era, J.P. Morgan financed railroads and helped organize U.S. Steel, General Electric and other major corporations. 

The Connecticut native followed his wealthy father into the banking business in the late 1850s.

 1871 formed a partnership with Philadelphia banker Anthony Drexel. In 1895, their firm was reorganized as J.P. Morgan & Company.

Morgan used his influence to help stabilize American financial markets during several economic crises, including the panic of 1907.

]]> 2017-01-18 22:37:22 UTC https://padlet.com/galyssaj/puk4gezuppuz/wish/147969364 galyssaj https://padlet.com/galyssaj/puk4gezuppuz/wish/147969617 J.P. Morgan faced criticism that he had too much power and was accused of manipulating the nation’s financial system for his own gain.

He gained control of significant portions of these railroads’ stock and eventually controlled an estimated one-sixth of America’s rail lines.

Family History

James Pierpont was a founder of Yale University. 

his paternal grandfather was a founder of the Aetna Insurance Company

his father, Junius Spencer Morgan ran a successful Hartford dry-goods company before becoming a partner in a London-based merchant banking firm.]]> 2017-01-18 22:39:46 UTC https://padlet.com/galyssaj/puk4gezuppuz/wish/147969617 galyssaj https://padlet.com/galyssaj/puk4gezuppuz/wish/147970291 a person who has become rich through ruthless and unscrupulous business practices ]]> 2017-01-18 22:46:54 UTC https://padlet.com/galyssaj/puk4gezuppuz/wish/147970291 galyssaj https://padlet.com/galyssaj/puk4gezuppuz/wish/147970511 2017-01-18 22:49:45 UTC https://padlet.com/galyssaj/puk4gezuppuz/wish/147970511 galyssaj https://padlet.com/galyssaj/puk4gezuppuz/wish/147970592 JP Morgan is a robber baron because he grew up with a ton of wealth that came down the family line and yet he decided that it wasn't enough and had to go out and double maybe triple his money through business. He could have helped improved work conditions or give better pay but instead he went and helped in areas that didn't really were not as important. He was crazy rich but was not doing all he could have to help in the United States]]> 2017-01-18 22:50:32 UTC https://padlet.com/galyssaj/puk4gezuppuz/wish/147970592 galyssaj https://padlet.com/galyssaj/puk4gezuppuz/wish/147971055 "JP Morgan Biography." Infoplease. Infoplease, n.d. Web. 18 Jan. 2017. http://www.infoplease.com/biography/var/jpmorgan.html]]> 2017-01-18 22:55:38 UTC https://padlet.com/galyssaj/puk4gezuppuz/wish/147971055