The Editors of New Word City

There is no arguing J.P. Morgan's monumental influence. As both the guardian of America's financial sturdiness and a well-appointed exploiter of the system's regulatory shortcomings, his actions raised questions that still resonate: What does it mean for Wall Street to be out of control? How best can government and business collaborate when it comes to buttressing a fragile economy? Should private enterprise be allowed to profit from government bailouts? By delving into Morgan's attitudes and way of thinking we begin to understand the motivations and limitations of modern-day financial giants. Here, in this short-form book, are lessons that none of us can afford to ignore.