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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]
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."
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 combine which absorbed several major American and British lines. IMM was a holding company that controlled subsidiary operating corporations.
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.
Titanic ' s owner J. P. Morgan was scheduled to travel on the maiden voyage but cancelled at the last minute. [121] Also aboard the ship were the White Star Line's managing director J. Bruce Ismay and Titanic ' s designer Thomas Andrews†, who was on board to observe any problems and assess the general performance of the new ship. [122]
EyePress News/Shutterstock In another wild turn of events, one of the passengers aboard the missing Titanic submarine has a close connection to the famous shipwreck the vessel set out to visit ...
John Pierpont Morgan Jr, nicknamed Jack, was born on September 7, 1867, in Irvington, New York, to J. P. Morgan and Frances Louisa Tracy. He graduated from St. Paul's School, and later in 1886 from Harvard College, where he was a member of the Delphic Club, formerly known as the Delta Phi.