Educate Yourself - J.P. Morgan - Savior -- The Panic of 1907:
"This week we continue our discussion of the Panic of 1907 and the man who, single-handedly, turned things around, J.P. Morgan."
Saturday, March 15, 2008
The more things change, the more they stay the same
The news of JP Morgan coming to the rescue of Bear Stearns reminded many of a similar story from back on '07, as in 1907 when the James Pierpont Morgan (yes that JP Morgan) helped organize a bailout of bank during the 1907 Financial Panic.
Educate Yourself - J.P. Morgan - Savior -- The Panic of 1907:
Educate Yourself - J.P. Morgan - Savior -- The Panic of 1907:
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