1. The Three Most Significant Points from "The House of Morgan"
... Pujo hearings in 1911, "(the) First thing is his character money cannot buy it Because a man I do not trust could not get money from me on all the bonds in Christendom". Although Chernow does not focus on the internal credit granting process of the House of Morgan, he provides nothing ... a weak credit process would be totally unacceptable in modern finance, and inevitably the House of Morgan made a number of poor investment decisions ranging from individuals such as the Van Sweringen brothers and Richard Whitney to sovereign lending with Japan, and Italy. However, what is more significan...
- Word Count: 1197
- Approx Pages: 5
- Has Bibliography
- Grade Level: Graduate