[grinaJanoDant]

http://www.thedailybell.com/2556/JP-Morgan-Chase-Co ...
JP Morgan Chase's own website pronounces the banking institution to be "...built on the foundation of more than 1,200 predecessor companies that have come together over the years to form today's company." In fact, from the perspective of libertarians and conspiratorial historians, JP Morgan Chase, like Goldman Sachs, is a prime instrument of elite repression and financial rapine.
It is seemingly yet another manifestation of the financial terrorism that the Anglo-American power elites have unleashed upon the world in their quest for global government. JP Morgan himself is currently held to have been an agent of the Rothschilds and thus a representative of the Money Power in America throughout his career. JP Morgan Chase is his legacy.
Everything is a matter of perspective, but it is evident and obvious that JP Morgan Chase has morphed into a huge financial company. Since its establishment in 1799, JP Morgan Chase has acquired, through merger, leveraged buy-out, or midnight backdoor dealing, nearly every major mid- to large-sized banking institution east of the Mississippi, eventually reaching west and overseas as well.
This list of acquisitions includes Bank One, Bear Stearns, Washington Mutual, Manufacturers Hanover, First Chicago Bank, National Bank of Detroit, Texas Commerce Bank, Providian Financial and Great Western Bank. Each key merger has added an additional facet to the JP Morgan Chase range of financial services. It is the biggest of the "big four," which also includes Wells Fargo, Citigroup, and Bank of America.
According to Forbes (in 2011), JP Morgan Chase is also the largest public company in the world, with assets of over $2 trillion – and has the largest hedge fund in the US, with assets of more than $53 billion. Among its former list of CEOs is David Rockefeller. His affiliation with Chase Manhattan spanned nearly 40 years, beginning in 1949 as a manager and ending with his tenure as CEO from 1969 into the early 1980's.
JP Morgan Chase traces its roots back to 1799, when Aaron Burr formed the Manhattan Company. It was a company built on loopholes, ostensibly formed as a waterworks company. However, Burr wrote into the charter a provision that allowed the company to use its excess capital in any manner "not inconsistent with the Constitution of the United States."
Thus the Bank of Manhattan Company was born. Its purpose was to compete with the Bank of New York, established by Burr's rival, Alexander Hamilton, which was until then the only commercial bank in the city. Many of the early predecessors of the current company used a similar means to get around state prohibitions and restrictions against lending institutions: New York Manufacturing Company became Manufacturers Hanover and New York Chemical Company became Chemical Bank. In 1955, the Bank of Manhattan Company merged with Chase National Bank to become Chase Manhattan Bank. In 1996, Chemical Bank took over Chase Manhattan Bank, keeping the Chase Manhattan name.
J. Pierpont Morgan and Anthony Drexel formed the JP Morgan side of the equation in 1871 as Drexel, Morgan & Co. It began as an institution that aided European investment in US interests, helping to drive the Industrial Revolution. It was the sale of stock for William Vanderbilt's New York Central Railroad that made JP Morgan's name, solidifying his reputation for raising capital and linking him forever with the railroad industry.
The term "Morganization" was coined when Morgan, never one to ignore opportunity when it knocked, began to buy up and restructure struggling railroad companies. He later turned his hand and money to financing mergers of many big US companies.
Morgan's son, JP "Jack" Morgan, Jr., then led the company in capitalizing on the First World War, making a record $50 million loan to the British and French Allies, and later through the sale of government war bonds after the United States entered the war. JP Morgan & Co. was among those who made reconstruction loans to a war-devastated Europe, which helped to establish New York City as a leading financial center. JP Morgan & Co merged with the Guaranty Trust Company of New York in 1959, operating under the name Morgan Guaranty Trust Company until 1988, when it returned to using the name JP Morgan & Co.
In its current incarnation, which came into being with the merger of Chase Manhattan Company and JP Morgan & Co in 2000, JP Morgan Chase has interests in over 50 countries, boasting clients which range from major global corporations to governments. Its business concerns include investment banking, asset management, card services, treasury and security services and commercial banking.
Since that time, it has also been subject to over $6 billion in fines and repayments due to mismanagement, fraud and deception, including $4.2 billion dollars in fines and reimbursements to investors resulting from the Enron scandal. In 2009, JP Morgan Chase settled with the SEC for $722 million to end an investigation into its part in a stock-swap scam that nearly bankrupted the largest county in Alabama. The latest scandal involves the admitted overcharging on mortgage loans and illegal foreclosure on the homes of active-duty military personnel stationed in Afghanistan. A class-action suit was filed against them and a $27 million settlement reached in January of 2011.

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Aaron Burr made many friends but also some powerful enemies, and is still perhaps the most controversial of the Founding Fathers of the United States. He was indicted for murder (but not convicted) after the death of Hamilton; arrested and prosecuted for treason by Jefferson (but not convicted). To his friends and family, and often to complete strangers, he was kind and generous. In her Autobiography of Jane Fairfield, the wife of the struggling poet Sumner Lincoln Fairfield relates how their friend Burr saved the lives of her two children, who were left with their grandmother in New York while the parents were in Boston. The grandmother was unable to provide adequate food or heat for the children and was in fear for their very lives. She sought out Burr, as the only one that might be able and willing to help her. Burr "wept and replied, 'Though I am poor and have not a dollar, the children of such a mother shall not suffer while I have a watch.' He hastened on this errand, and quickly returned, having pawned the article for twenty dollars, which he gave to make comfortable my precious babies."[17] In his later years in New York, he provided money and education for several children, earning their lifelong affection.
Burr believed women to be intellectually equal to men, and hung a portrait of Mary Wollstonecraft over his mantel. The Burrs' daughter, Theodosia, was taught dance, music, several languages and learned to shoot from horseback. Until her death at sea in 1813, she remained devoted to her father. Not only did Burr advocate education for women, upon his election to the New York State Legislature, he submitted a bill to allow women to vote.
In 1784 as a New York state assemblyman, he unsuccessfully sought to immediately end slavery in that state,[18] even though he owned one or two slaves for a time.[citation needed] Burr freed one of his slaves, Seymour Burr, as a reward for his service during the American Revolution.[citation needed] John Quincy Adams (who was a great admirer of Jefferson) said after the former vice president's death, "Burr's life, take it all together, was such as in any country of sound morals his friends would be desirous of burying in quiet oblivion." This was his own opinion: his father, President John Adams, was an admirer and frequent defender of Burr. John Adams wrote that Burr "had served in the army, and came out of it with the character of a knight without fear and an able officer."[7]
Gordon S. Wood, a leading scholar of the Revolutionary period, holds that it was Burr’s character that put him at odds with the rest of the “founding fathers,” especially Madison, Jefferson, and Hamilton, leading to his personal and political defeats and, ultimately, to his place outside the golden circle of revered revolutionary figures. Because of his habit of placing self-interest above the good of the whole, those men felt Burr represented a serious threat to the very ideals for which they had fought the Revolution. Their ideal, as particularly embodied in Washington and Jefferson, was that of “disinterested politics,” a government led by educated gentlemen who would fulfill their duties in a spirit of public virtue and without regard to personal interests or pursuits. This was the core of an Enlightenment gentleman, and Burr, his political enemies felt, lacked that essential core. Indeed, it was Hamilton’s belief that Burr’s self-serving nature made him unfit to hold office—especially the presidency. Jefferson, though one of Hamilton’s bitterest enemies, was at least a man of public virtue. This belief led Hamilton to launch his unrelenting campaign in the House of Representatives to prevent Burr’s election to the presidency, favoring his erstwhile enemy Jefferson instead. Later in Burr’s life, Jefferson, in turn, would go so far as to push the boundaries of the Constitution in his attempt—in the charging and trying of Burr for treason—to eliminate Burr.[19]