Q 01/05

What did the initials in J. P. Morgan's name stand for?

A) Junius Pierrepont

B) John Pierpont

C) James Putnam

D) Joseph Peter

Answer · why

B) John Pierpont

John Pierpont: Pierpont was his mother's maiden name and the name he actually went by, which is why his own library still calls him Pierpont Morgan.

Q 02/05

In which New England city was J. P. Morgan born and, 75 years later, buried?

A) Springfield

B) Providence

C) Hartford

D) New Haven

Answer · why

C) Hartford

Hartford: he left at 14 and died abroad, but his funeral procession passed the Asylum Street house where he was born on its way to the family plot in ...

Q 03/05

J. P. Morgan's uncle James composed which famous American song in the 1850s?

A) Oh! Susanna

B) Jingle Bells

C) Dixie

D) Camptown Races

Answer · why

B) Jingle Bells

Jingle Bells: his mother's brother published it in 1857 as 'One Horse Open Sleigh', possibly as a drinking song, and it took decades to become a Chris...

Q 04/05

In 1901 Morgan merged Andrew Carnegie's business with others to form which company, the world's first billion-dollar corporation?

A) Republic Steel

B) U.S. Steel

C) Bethlehem Steel

D) Standard Oil

Answer · why

B) U.S. Steel

U.S. Steel: Morgan paid $480 million for Carnegie's company without haggling and congratulated him on becoming 'the richest man in the world'.

Q 05/05

During which crisis did Morgan gather New York's bankers in his library and force them to agree a rescue?

A) The Panic of 1907

B) The Panic of 1893

C) The Crash of 1929

D) The Panic of 1857

Answer · why

A) The Panic of 1907

The Panic of 1907: Morgan locked the bankers in until they agreed to a rescue, and the sight of one private citizen saving the system led Congress to ...