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Morgan did have a hand in the creation of the Federal Reserve, and owned the International Mercantile Marine, which owned the White Star Line, and thus the Titanic. [13] Morgan, who had attended the Titanic 's launching in 1911, had booked a personal suite aboard the ship with his own private promenade deck and a bath equipped with specially ...
Through the American commission of inquiry devoted to the sinking, Senator William Alden Smith openly attacked the very principle of the company and Morgan. [23] As had been arranged before Titanic sank, J. Bruce Ismay retired as president of IMM in 1913 and was succeeded by Harold Sanderson [24] Morgan died on 31 March 1913. [25]
In 1902, Ismay oversaw the sale of the White Star Line to J.P. Morgan & Co., which was organising the formation of International Mercantile Marine Company, an Atlantic shipping trust which absorbed several major American and British shipping lines. IMM was a holding company that controlled subsidiary operating corporations.
John Pierpoint Morgan—more commonly known as "J.P. Morgan" and namesake and founder of J.P. Morgan Private Bank—was present at the Titanic launch party in 1911 because he also founded the ...
The wood panel from "Titanic" was the top seller at the Treasures of Planet Hollywood auction, realizing $718,750 during the five-day event. Pigeon Forge's Titanic Museum Attraction buys panel at ...
1950s popular singer, later game show panelist Jaye P. Morgan, born Mary Margaret Morgan, acquired the nickname reflecting J.P. Morgan while serving as her high school class treasurer. The villain of Street Fighter 6 is an elderly upper-class banker that uses a variety of aliases, all of which have the initials "JP."
Marianne Lake, who runs JPMorgan's sprawling consumer franchise, offers her thoughts on the state of bank regulation, Trump's return to the White House, and the possibility of a soft landing.
Californian was a steamship owned by the Leyland Line, part of J.P. Morgan's International Mercantile Marine Co. She was constructed by the Caledon Shipbuilding & Engineering Company in Dundee, Scotland, [8] and was the largest ship built in Dundee up to that time.