Randa Abdelfattah and Ramteen Arablui
๐ค SpeakerAppearances Over Time
Podcast Appearances
Bread lines stretch around city blocks.
appears before a Senate banking committee, who has called this hearing to investigate... What did Wall Street do, and how bad was it?
You know, can we blame them for this depression?
He is the archetypal Wall Street banker.
Not only had he dominated Wall Street for decades by that point.
He played a pivotal role in international finance through this whole period and was accused by many of being a war profiteer in World War I. He made an enormous amount of money doing that.
You could just as easily make the case that he, you know, saved the allies from defeat.
$340 million.
This investigation was picking up steam as a new president entered the White House, the man who had beat out Herbert Hoover in the 1932 election, Franklin Delano Roosevelt.
But his earlier career and his earlier life, you might not necessarily have predicted that this would happen.
FDR had grown up not all that differently from J.P.
Morgan Jr., with a lot of money, rubbing shoulders with the elite.
They even went to Harvard around the same time.
And after college, J.P.
goes into finance like his dad and Franklin Roosevelt.