The House of Morgan - Part 2 Chapter 11 Explosion Summary & Analysis

Ron Chernow
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The end of World War I leaves the United States as a world power with a strong, intact economy. America continues in the role as the world's leading creditor and the House of Morgan becomes the most influential banker in the world. Tom Lamont is appointed to the U.S. peace delegation and helps write the financial section of the peace treaty. The Russian and Mexican revolutions result in those countries repudiating their foreign debt. In 1920 a bomb explodes outside the Morgan Wall Street building. The crime, never solved, is attributed to anarchists. This is another incident, in a string of many attacks against the Morgan family and firm. The result is to increase Jack's feelings of anti-Semitism. He begins to use his influence with the British government against the German-Jewish bankers. Due to the pressures of government, Jack Morgan becomes...

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This section contains 310 words
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