Morgan, J(ohn) P(ierpont), Jr.
- Morgan, J(ohn) P(ierpont), Jr.
-
born Sept. 7, 1867, Irvington, N.Y., U.S.
died March 13, 1943, Boca Grande, Fla.
U.S. banker and financier.
He joined J.P. Morgan and Co. in 1892 and took control of it in 1913 on the death of his father, J.P. Morgan. In World War I he served as purchasing agent in the U.S. for the British and French governments and organized the underwriting of more than $1.5 billion in Allied bonds. He pooled funds with other bankers in an unsuccessful attempt to prevent the crash of 1929. The Banking Act of 1933 compelled his firm to separate its investment-banking and commercial-banking activities. Morgan, Stanley and Co. became a new investment-banking firm, while Morgan himself remained head of J.P. Morgan & Co., which was from then on strictly a commercial-banking firm.
* * *
Universalium.
2010.
Look at other dictionaries:
Morgan, J(ohn) P(ierpont) — born April 17, 1837, Hartford, Conn., U.S. died March 31, 1913, Rome, Italy U.S. financier. The son of a financier, he began his career as an accountant in 1857 and became an agent for his father s banking company in 1861. In 1871 he was named a… … Universalium
Morgan, J(ohn) P(ierpont) — (17 abr. 1837, Hartford, Conn., EE.UU.–31 mar. 1913, Roma, Italia). Financista estadounidense. Hijo de financista, inició su carrera profesional como contador en 1857 y se convirtió en agente de la empresa bancaria de su padre en 1861. En 1871… … Enciclopedia Universal
Morgan, J(ohn) P(ierpont), Jr. — (7 sep. 1867, Irvington, N.Y., EE.UU.–13 mar. 1943, Boca Grande, Fla.). Banquero y financista estadounidense. En 1892 se incorporó a J.P. Morgan and Co. y asumió el control de la empresa en 1913 tras la muerte de su padre, J.P. Morgan. Durante la … Enciclopedia Universal
Morgan — Morgan, August Morgan, Charles Morgan, Henry John Morgan, Jacques Jean Marie de Morgan, Lewis Henry * * * (as used in expressions) Forster, E(dward) M(organ) J.P. Morgan Chase & Co. Morgan, Daniel … Enciclopedia Universal
Morgan — Morgan1 [môr′gən] n. [after Justin Morgan (1747 98), New Englander who owned the sire of the breed ] ☆ any of a breed of strong, light riding horse, usually bay, chestnut, or black in color Morgan2 [môr′gən] n. [Welsh, lit., sea dweller (< mor … English World dictionary
Morgan — I. noun Etymology: Justin Morgan died 1798 American teacher Date: 1841 any of an American breed of light strong horses originated in Vermont from the progeny of one prepotent stallion of uncertain ancestry II. biographical name Daniel 1736 1802… … New Collegiate Dictionary
Morgan — /mawr geuhn/, n. one of a breed of light carriage and saddle horses descended from the stallion Justin Morgan. [1865 70; named after the original sire owned by Justin Morgan (1747 98), a New England teacher] /mawr geuhn/, n. 1. Charles Langbridge … Universalium
Morgan — I Mor•gan [[t]ˈmɔr gən[/t]] n. dch any of a breed of light carriage and saddle horses descended from the stallion Justin Morgan • Etymology: 1865–70, amer.; after the original sire, owned by J. Morgan (1747–98) II Mor•gan [[t]ˈmɔr gən[/t]] n. 1)… … From formal English to slang
Pierpont — (as used in expressions) Langley, Samuel (Pierpont) Morgan, J(ohn) P(ierpont) Morgan, J(ohn) P(ierpont), Jr … Enciclopedia Universal
Jr — (as used in expressions) Ailey, Alvin, Jr. Aldrin, Edwin Eugene, Jr. Alger, Horatio, Jr. Ashe, Arthur (Robert), Jr. John Simmons Barth, Jr. Harold George Belafonte, Jr. William H. Bonney, Jr. Bluford, Guion S(tewart), Jr. Brando, Marlon, (Jr.)… … Enciclopedia Universal
