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Hermitage CEO Browder: Don't Invest in Russia Today
youtube.comWhen Clark died after a short illness in the spring of 1873, his brokers liquidated his UP holdings, causing a sharp price drop. Gould’s broker snapped it up, and Gould unexpectedly found himself in a control position. It was only at that point, he said, that he learned that the road had serious problems, including $5 million in unsecured call debt
... See moreCharles R. Morris • The Tycoons: How Andrew Carnegie, John D. Rockefeller, Jay Gould, and J. P. Morgan Invented the American Supereconomy
Pratt hired Gould to survey a tanning site, but was sufficiently impressed that he made him a partner and manager of the projected new tannery. So the pint-sized Gould, barely out of his teens, led fifty workmen into the woods and built virtually a full-scale town, including living and food service quarters, a mule-powered bark crushing plant and c
... See moreCharles R. Morris • The Tycoons: How Andrew Carnegie, John D. Rockefeller, Jay Gould, and J. P. Morgan Invented the American Supereconomy
JAMES J. Hill ranks among the great organizers and managers of the American West. Born in Canada in 1838, Hill moved nearly two decades later to the Twin Cities, where he quickly exhibited the tireless energy and foresight that characterized his entire career. By his early forties he had helped organize major new transportation systems in Canada an
... See moreMichael P. Malone • James J. Hill: Empire Builder of the Northwest (The Oklahoma Western Biographies Book 12)
Hill’s rise to the top of a burgeoning local coal business is interesting not only because it formed a cornerstone of his career and generated venture capital for later investments but also because it revealed for the first time his instincts toward what friends would call vertical and rational integration of an industry and what foes would call ru
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