Sublime

Thus prepared, after a frenzied holiday season, the foursome, along with their Saint Paul attorney R. B. Galusha, headed to New York early in January of the fateful year 1878 to meet with Kennedy and his associate Barnes. They found Kennedy eager to close a deal with his Dutch clients, for he genuinely believed this offer to be the best they were l

KEN GRIFFIN Founder and CEO, Citadel; Founder, Citadel Services

So in August 1885, Kennedy arranged the sale of twenty thousand shares of Manitoba stock to the firm of Lee, Higginson, and Company, as agents for the Bostonians. The four associates—Hill, Kennedy, Smith, and Stephen—put up the stock for sale; soon after, Hill and Kennedy made similar purchases of Burlington stock. Marshall Field, who had never bee

Morgan made his specialty the refinancing, reorganization, and rationalization of America’s badly overextended and overcapitalized railroads; his “clients” included some of the largest, such as the Erie, the New York Central, and the Pennsylvania.

Jack Morgan might have the minds of other American bankers, but Ivar had the hearts of American investors, and those investors now had the power. Ivar didn’t need to lend his own money to France. Instead, he could act as an intermediary, raising money from the Americans and lending their money.