In 1901, financier J. P. Morgan incorporated a new iron and steel trust that produced two-thirds of the nation’s steel into the United States Steel Corporation. With initial capital of $1.4 billion, a sum three times the U.S. federal government’s annual budget.
How to Profit from U.S. Steel (X) Uncertainty
How to Profit from U.S. Steel (X) Uncertainty
How to Profit from U.S. Steel (X) Uncertainty
In 1901, financier J. P. Morgan incorporated a new iron and steel trust that produced two-thirds of the nation’s steel into the United States Steel Corporation. With initial capital of $1.4 billion, a sum three times the U.S. federal government’s annual budget.