Word: rhinophyma
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Beefy, saturnine and phenomenally wealthy, with a plump red nose caused by the skin disease rhinophyma, Morgan held immense power over the U.S. economy. In a day when there was no Federal Reserve to control the money supply or tweak interest rates, he operated at times as the nation's one-man central bank. By withdrawing his approval from a shaky deal, he could cause a panic. By pouring millions into tottering banks, he could end one. He did more than assemble capital for new ventures. He took over mismanaged companies, installed his own men and supervised operations...
...other weaknesses. An often sickly child, the financier suffered all his life from colds, headaches and depression--known to him as "the blues"--not to mention rhinophyma, the skin disease that in his 50s turned his nose into a purple bulb. He hated to be alone but had no talent for making friends--as distinguished from mistresses. He started a new romance at age 74 with a titled Englishwoman of 49. Women saw past not only the hideous nose but also the peremptory manner that they thought disguised an inner shyness. With some reason: Morgan was ruthless in getting...
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