JONATHAN THOMAS’s Reviews > The House of Morgan: An American Banking Dynasty and the Rise of Modern Finance > Status Update
JONATHAN THOMAS
is on page 103 of 812
On page 103, I'm currently reading about the transition from Junius to Pierpont as the main presence in the Morgan's company. Although Junius kept strict watch on Pierpont's actions, Pierpont came to dominance in the American banking world through his own decisive actions. With the massive railroad speculation, Pierpont was able to capitalize on key opportunities that allowed him to expand his banking dynasty.
— Feb 01, 2017 08:25PM
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JONATHAN’s Previous Updates
JONATHAN THOMAS
is on page 74 of 812
Albeit a difficult read, this book interestingly explains the rise of the Morgan banking company, with roots right before the Civil War. Currently reading about how Junius has controlled the bank and the role Pierpont, Junius's son, played in helping the bank make a presence. You would've expected the Morgans to have pursued risky opportunities to achieve their elite status; however, Junius has stressed cautious ways
— Jan 27, 2017 08:07PM
