Word: j
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Dates: during 1950-1959
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...sent to explain a legal problem to the younger J. P. Morgan. After he left, Morgan said: "I like that young man." Alexander's law firm assigned him to work as counsel for Morgan in the congressional investigations, and he became Morgan's chief counsel at the Nye munitions hearing, stayed by his side through his entire testimony. On Christmas Eve in 1938, Morgan summoned Alexander to his Wall Street office and invited him into partnership. After agonizing for more than a month about leaving the active practice of law, Alexander became a Morgan partner...
...pool that put up a reputed $240 million to support the market. But the move had little effect. While Morgan's interests were relatively unscathed by the crash, the Depression spelled the end of concentrated banking power. The New Deal launched a campaign against "the princes of privilege." J. P. Morgan II was hauled down to Washington to appear before a whole series of investigations. Control of U.S. finance passed from Wall Street to Washington. Regulatory bodies were established, restrictive bills passed, the Federal Reserve strengthened. The Banking Act of 1933 forced Morgan to split off its investment-banking...
...million in 1929 to $39.2 million in 1940, as steep inheritance and income taxes ate away its strength. To save the firm from faltering, Morgan and Alexander worked out a plan to incorporate the old partnership, make it a public bank. In 1940 the firm changed its name to J. P. Morgan...
...enigma of famed Physicist J. Robert Oppenheimer lingers on chiefly because he swallowed the key to the Oppenheimer case-his own character. One of the strangest, most mystifying glimpses of that character was furnished by the "Chevalier incident," which played a substantial part in the Atomic Energy Commission's 1954 decision to lift Oppenheimer's security clearance. Now one of the principals in that incident has written a novel, and there is more than a hint from both author and publisher that the book will explain the Oppenheimer mystery. Because the Oppenheimer case, perhaps second only...
...Pantry Version. In 1943, J. Robert Oppenheimer, then head of the super-secret atomic bomb project at Los Alamos, testified to Army intelligence officers that in late '42 or early '43. Fellow Traveler Haakon Chevalier, at the time Assistant Professor of French at the University of California, sounded out three Los Alamos scientists with a view to transmitting atomic information to Russia. Later, Oppenheimer dubbed this testimony "a cock-and-bull story." His revised version: Chevalier was approached by a mutual friend and Soviet sympathizer, reported the matter to Oppenheimer, and both men agreed that the suggestion...