J.P.Morgan 1837-1913

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Offline maruppharm

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J.P.Morgan 1837-1913
« on: November 13, 2012, 01:12:02 PM »
Starting with railroads, Morgan reorganized the public utilities and steel industries before going on to refinance the U.S. government’s war debt. That same government later investigated the wealthy businessman for antitrust practices. As he testified before a House committee, Morgan told members, “The first thing is character… before money or anything else. Money cannot buy it.” Morgan recognized the importance of strong character and reputation in business. Often mentioned with Gilded Age greats such as Andrew Carnegie and John D. Rockefeller, Morgan is regarded as the most important banker to ever live.

Quote: "A man always has two reasons for what he does-a good one, and the real one."
Md Al Faruk
Assistant Professor, Pharmacy