Regular price: $6.95

Free with 30-day trial Membership
Membership details Membership details
  • 30 days of membership free - plus an audiobook, on us.
  • 1 credit a month after trial - good for any title.
  • Easy exchange. Don't love book? swap it for free.
  • Exchange books you don't like
  • After your free trial, Audible is $14.95 a month
OR
In Cart

Publisher's Summary

Dozens of men were called "robber barons", but few were as notorious or rich as John Pierpont Morgan, a financier and banker who bankrolled the consolidation of behemoth corporations across various industries. Morgan was behind the merging of Edison General Electric and Thomson-Houston Electric Company, which subsequently became General Electric, still known simply as GE across the world today. Similarly, he financed Federal Steel Company and consolidated various other steel businesses to help form the United States Steel Corporation. While critics complained about the outsized influence that these gigantic businesses had, Morgan's massive wealth also gave him unprecedented power in the financial sector and the ability to deal with politicians. In fact, Morgan played an important part in the Panic of 1907 and the subsequent decision to create the Federal Reserve as a monetary oversight.

The industrial might wielded by men like Morgan directly led to a public backlash and made President Teddy Roosevelt the "trust buster", and there has since been countless regulations to attempt to avoid the types of monopolies found over 100 years ago. However, many 20th century historians and writers pushed back against the allegations hurled at the "robber barons" and even took issue with the name. Morgan may have used his wealth to collect everything from jewelry to yachts, but he was also celebrated for spending enormous sums of money on charitable works and public service projects. As a result, Morgan's reputation is still mixed, even as his legacy is felt over 100 years after his death.

American Legends: The Life of J.P. Morgan looks at the life and career of one of America's most famous industrialists.

©2012 Charles River Editors (P)2015 Charles River Editors

What members say

Average Customer Ratings

Overall

  • 3.3 out of 5.0
  • 5 Stars
    2
  • 4 Stars
    1
  • 3 Stars
    4
  • 2 Stars
    2
  • 1 Stars
    0

Performance

  • 3.4 out of 5.0
  • 5 Stars
    2
  • 4 Stars
    2
  • 3 Stars
    2
  • 2 Stars
    1
  • 1 Stars
    1

Story

  • 3.4 out of 5.0
  • 5 Stars
    2
  • 4 Stars
    0
  • 3 Stars
    4
  • 2 Stars
    1
  • 1 Stars
    0

Report Inappropriate Content

If you find this review inappropriate and think it should be removed from our site, let us know. This report will be reviewed by Audible and we will take appropriate action.