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Nov 28, 2018

[Answer] 4. Who was regarded as 'The most powerful American banker of his time, helped build a credit bridge between Europe and America, and financially rescued the US government twice'?

Step 1 : Introduction to the question "4. Who was regarded as 'The most powerful American banker of his time, helped build a credit bridge between Europe and America, and financially rescued the US government twice'?"



...1. J P Morgan 2. David Leavitt 3. Jay Gould 4. H W Wisham Born in Hertford, Conneticut, J P Morgan joined the banking world after two years of university in Germany. Early in his banking career he lent money to reorganize the railroad system. In 1893, when there was a major downturn in the economy, Morgan and his company stepped in and guaranteed the gold reserves. He was a brilliant banker and financial wizard. He founded U.S. Steel in 1901. He was also an avid art collector, and his hand-picked contributions made the Metropolitan Museum of Art in New York the treasure that it is today.




Step 2 : Answer to the question "4. Who was regarded as 'The most powerful American banker of his time, helped build a credit bridge between Europe and America, and financially rescued the US government twice'?"



J P Morgan:


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