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JP Morgan Saves Wall Street | A Family Affair | 1

Business Movers

NOTE

The Rise and Controversies of JP Morgan

Pierpont made a substantial profit selling sought-after rifles to Union Army General Fremont, which resulted in accusations of war profiteering/nThe Hall Carbine Affairs caused Pierpont to be deemed too young and immature to be made a partner at Duncan Sherman and company/nPierpont's reputation suffered further hits due to his use of the Enrollment Act and his gold scheme, which left him open to accusations of manipulating the markets/nPierpont's father severed their professional relationship due to his frustration with Pierpont's refusal to listen to his counsel and fears that Pierpont would never learn

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