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The J.P. Morgan & Co. logo before its merger with Chase Manhattan Bank in 2000 Influence of J.P. Morgan in Large Corporations, 1914 The J.P. Morgan headquarters in New York City following the September 16, 1920, bomb explosion that took the lives of 38 people and injured over 400 more
Reddit’s stock surged 14.82% in pre-market trading on Wednesday, as it reporting Q1 earnings after the market closed on Tuesday. Reddit’s Q1 earnings per share (EPS) beat estimates by 5.97% ...
In October 2009, Guggenheim hired former J.P. Morgan head of Media Investment Banking Mark Van Lith as Senior Managing Director and Head of Investment Banking and former Apollo Global Management director and vice chairman Henry Silverman as vice chairman of asset management. [4]
J.P. Morgan bundles credit default swaps into BISTRO, the precursor of the Synthetic CDO. AIG sells credit protection against BISTRO's super-senior tranche. [48] [49] July: The Taxpayer Relief Act of 1997 expanded the capital-gains exclusion to $500,000 (per couple) from $125,000, encouraging people to invest in second homes and investment ...
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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 Harvard chapter of the Delta Phi.
Andrew Ross Sorkin (born February 19, 1977) is an American journalist and author. He is a financial columnist for The New York Times and a co-anchor of CNBC's Squawk Box. He is also the founder and editor of DealBook, a financial news service published by The New York Times.
In 1954, after accusing the army, including war heroes, Senator Joseph McCarthy lost credibility in the eyes of the American public and the Army-McCarthy Hearings were held in the summer of 1954. He was formally censured by his colleagues in Congress and the hearings led by McCarthy came to a close. [ 38 ]