Word: receivership
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Dates: during 1940-1949
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...Morgan walked cool and incisive, supremely confident of the future of America. At 32 he whipped Dan Drew, Jim Fisk and Jay Gould in their attempt to loot the Albany & Susquehanna R. R., saw its stock climb from $18 to $118 when he lifted the road out of receivership. It was his first real fight. Before gaudy Jim Fisk had left the Wall Street scene-murdered by the lover of one of his gewgaw women-Morgan was becoming a man to lean on as well as a foe to fight. It was to him that William H. Vanderbilt went...