What was JP Morgan known for?
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What was JP Morgan known for?
J.P. Morgan was known for reorganizing businesses to make them more profitable and stable and gaining control of them. He reorganized several major railroads and became a powerful railroad magnate. He also financed industrial consolidations that formed General Electric, U.S. Steel, and International Harvester.
What did JP Morgan study?
John Pierpont Morgan was born into a distinguished New England family on April 17, 1837, in Hartford, Connecticut. After graduating from high school in Boston in 1854, Pierpont, as he was known, studied in Europe, where he learned French and German, then returned to New York in 1857 to begin his finance career.
What did J.P. Morgan do wrong?
From childhood, J.P. Morgan suffered from acne rosacea, which caused redness in his face and ruptured blood vessels on his nose. In middle age, the rosacea caused rhinophyma, which resulted in growths, lesions and pockmarks on his nose.
Why do you want to work for JPM?
“I want to work for JP Morgan for three reasons. Firstly, I am an ambitious person who wants to work for an organization where I will be continually challenged and pushed in my role. Finally, JP Morgan’s reputation amongst clients and the industry, in general, is very strong.
How did J.P. Morgan impact American society?
Morgan was instrumental in helping to create the modern American economy. After the Panic of 1893, he reorganized many bankrupt railroads and industrial companies. He assembled U.S. Steel, the world’s first billion-dollar corporation, and helped establish International Harvester and General Electric.
What happened to JPMorgan’s tweet about the Twitter IPO?
At 9 am that morning, Twitter went public, with underwriting help from JPMorgan. A few minutes later, JPMorgan sent out a tweet from its corporate account unrelated to the IPO. The tweet seemed harmless enough. The bank announced a live Twitter Q&A about leadership and career advice hosted by one of its executives.
What caused the JPMorgan Twitter meltdown?
Matt Taibbi, the Rolling Stone journalist responsible for coining the term “vampire squid, chalks up the JPMorgan Twitter meltdown to the folly of corporate hubris.
What’s going on with JP Morgan?
JPMorgan has been negotiating an agreement with the U.S. to resolve multiple mortgage-related scandals, and two ex-employees were indicted for trying to cover up a record-breaking trading loss last year.
As Emily Greenhouse with The New Yorker writes, “Pro-brand messages on social media are likelier to be spontaneous, even serendipitous eruptions, than to be traditional campaigns orchestrated by paid P.R. mavens.” The internet can be a cruel world, where douchebags and trolls flourish.