Bank One Corporation and JPMC

ACV Auctions Inc.

ATLANTIC POWER CORPORATION

Bank One Corporation and JPMC

BED BATH & BEYOND INC.

CARTER'S, INC.

Citi Boards

CROWN HOLDINGS, INC.

Discovery, Inc.

FTI CONSULTING, INC

GENESIS ENERGY, L.P.

JPMORGAN  and blackrock

Lyft, Inc.

Oasis Petroleum Inc

Performance Food Group Company

PLBY GROUP, INC

RAYONIER INC.

Revance Therapeutics, Inc.

Robert J. Christian

Spark Energy, Inc.

Vanguard Investments  jpmcc

Weingarten Realty Investors

Xcel Energy Inc.

 

Jamie Dimon  is nothing more than a tool of distraction.....who gets paid well to keep secrets; as do a lot of other bankers.[My opinion ,of course.]

At the beginning of the 20th century, a number of businessmen were involved in the formation of United States Steel Corporation, including Andrew Carnegie, Elbert H. Gary, Charles M. Schwab, and J.P. Morgan. Carnegie had founded Carnegie Steel Company, centred in Pittsburgh, Pennsylvania, and Gary had founded Federal Steel Company, centred in Chicago. In 1900 Schwab became president of the Carnegie company, and he eventually approached Gary with the idea of a giant consolidation. With the aid of J.P. Morgan, they bought Carnegie’s interests for more than $492 million and put together U.S. Steel, adding National Steel, National Tube, American Steel and Wire, American Steel Hoop, American Sheet Steel, and American Tinplate to the nucleus of the Carnegie and Federal Companies. U.S. Steel was capitalized at $1.4 billion and became the first billion-dollar corporation in American history. Schwab was named president (but resigned in 1903 to join Bethlehem Steel), and Gary was made chairman of the board (a post that he held until his death in 1927).

Very soon after, in 1901, two other companies, American Bridge and Lake Superior Consolidated Iron Mines, were brought in, and more companies were absorbed in the years following. The example of U.S. Steel prompted mergers elsewhere in the metals industry.

During its formative period the company was dominated by Gary, who exercised influence throughout the American steel industry through his famous “Gary dinners,” attended by the heads of major steel producers; out of the meetings came agreements on cooperative pricing and marketing that stabilized a once wildly fluctuating market. Gary opposed “unreasonable” competitive practices as well as labour organizers. A general steel strike in 1919 was answered by his refusal to negotiate and his use of strikebreaking tactics. In 1920 the U.S. Supreme Court held that U.S. Steel was not a monopoly in restraint of trade under the U.S. antitrust laws. A successor to Gary, Myron C. Taylor (1874–1959), board chairman from 1932 to 1938, took a different view of unions and recognized the United Steelworkers of America in 1937.


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Although U.S. Steel remained the largest steel producer in the United States, by the late 20th century only about one-third of its business remained in steel. The acquisitions of Marathon Oil Company in 1982 and Texas Oil & Gas Corp. in 1986 had given U.S. Steel major interests in the oil and gas industry. The company had also expanded into such industries as mining, chemicals, construction, real estate, and transportation (including railroads, shipping, and shipbuilding). In 1986 the holding company USX Corporation was established to oversee the diversified interests, which were divided among four operating units: USS (for steel), Marathon Oil, Texas Oil & Gas, and U.S. Diversified Group (covering the chemical, engineering, and real-estate businesses, among others). U.S. Steel Group was spun off from USX in 2002 and again became an independent, publicly traded corporation under its original name, United States Steel Corporation. It acquired the steel-related businesses of National Steel Corporation in 2003.

The Editors of Encyclopaedia Britannica

In 1891, Morgan arranged the merger of Edison General Electric and Thomson-Houston Electric Company to form General Electric.

During the depression that followed the panic of 1893, Morgan formed a syndicate that resupplied the U.S. government’s depleted gold reserve with $62 million in gold.

In 1896 JP Morgan began financing giant industrial companies that reshaped the manufacturing sector in the United States of America.

After forming the Federal Steel Company in 1898, in 1901 Morgan joined in a merger with the Carnegie Steel Company and other steel companies to form United States Steel Corporation.  J. P. Morgan formed U.S. Steel on March 2, 1901.

In 1902 Morgan brought together several of the leading agricultural-equipment manufacturers to form the International Harvester Company. https://www.britannica.com/topic/United-States-Steel-Corporation

 In 1902 Morgan brought together several of the leading agricultural-equipment manufacturers to form the International Harvester Company. And the same year he organized the International Mercantile Marine (IMM), a majority of the transatlantic shipping lines, notably including White Star.

Original Titanic Stock Certificate, International Mercantile Marine Company
In 1902 J. P. Morgan formed the International Mercantile Marine Company with an investment of $120 million. An American financier with a gift for creating fortunes, Morgan was involved in railroads and steel empires. He purchased Red Star Lines, the Mississippi, and the entire capital stock of the White Star Line; a British company, thereby giving him more than half of the total British Atlantic tonnage. This transaction created the first international corporation of its kind. Although the White Star Fleet continued to be British registered, have British crews, and to fly the Red Ensign, it was really an American liner company. From 1902 until 1927, the White Star Line was a wholly owned subsidiary of IMMC. From its inception thirty years earlier until the turn of the century, it was probably the most successful of the British transatlantic carriers.
International Mercantile Marine Company . The International Mercantile Marine Co., originally the International Navigation Company, was a trust formed in the early twentieth century as an attempt by J.P. Morgan to monopolize the shipping trade. The result was heavy losses for Morgan. John Pierpont Morgan, owner of the IMM Co. IMM was founded by shipping magnates Clement Griscom.  www.eoldstocks.com/InternationalMercantileMarine.html


 The International Mercantile Marine Company, originally the International Navigation Company, was a trust formed in the early twentieth century as an attempt by J.P. Morgan to monopolize the shipping trade.

The International Mercantile Marine Company, commonly known as “The Shipping Trust,” was incorporated in October, 1902, as the result of a plan which was formulated several months before by Messrs. J. P. Morgan & Company to consolidate the various steamship lines running between the United States and Europe.

The White Star Line and The International Mercantile Marine Company. The White Star Line, the Oceanic Steam Navigation Company was, from 1902 until 1927, a wholly owned subsidiary of the International Mercantile Marine Company (IMMC). From its inception thirty years earlier up to the turn of the century,



The International Mercantile Marine Company, commonly known as “The Shipping Trust,” was incorporated in October, 1902, as the result of a plan which was formulated several months before by Messrs. J. P. Morgan & Company to consolidate the various steamship lines running between the United States and Europe. The original intention was to absorb all lines if possible.

In April 1912 Morgan had a booking on the maiden voyage of White Star’s Titanic but was forced to cancel, reportedly because of an illness. The ship subsequently sank with great loss of life.
https://www.britannica.com/biography/J-P-Morgan#ref138346

Original Titanic Stock Certificate, International Mercantile Marine Company

In 1902 J. P. Morgan formed the International Mercantile Marine Company with an investment of $120 million. An American financier with a gift for creating fortunes, Morgan was involved in railroads and steel empires. He purchased Red Star Lines, the Mississippi, and the entire capital stock of the White Star Line; a British company, thereby giving him more than half of the total British Atlantic tonnage. This transaction created the first international corporation of its kind. Although the White Star Fleet continued to be British registered, have British crews, and to fly the Red Ensign, it was really an American liner company. From 1902 until 1927, the White Star Line was a wholly owned subsidiary of IMMC. From its inception thirty years earlier until the turn of the century, it was probably the most successful of the British transatlantic carriers.

The most famous member of the International Mercantile Marine fleet was the White Star Liner, Titanic. This “unsinkable” 45,328 ton, 882 1/2 foot ship was the largest liner the world had known. On her maiden voyage to New York April 14, 1912, the liner hit an iceberg shortly after Sunday dinner. Of the 2,340 crew and passengers aboard, only 705 were saved. This greatest of all liners became the greatest disaster in maritime history with the deaths of 1,635 people. The story of the Titanic is the best documented of all stories of ocean liner tragedies.

The Sad Story
Under the command of Edward Smith, the ship leaved Southampton with 2224 passengers aboard, including some of the wealthiest people in the world, as well as hundreds of poor emigrants from Europe seeking a new life in North America. The ship had advanced safety features, but there were not enough lifeboats to accommodate all of those aboard. Only 1,178 people can be carried in lifeboats.

Four days into the crossing and about 375 miles (600 km) south of Newfoundland, she hit an iceberg at 11:40 pm ship's time. The glancing collision caused Titanic's hull plates to buckle inwards along her starboard side and opened five of her sixteen watertight compartments to the sea; the ship gradually filled with water. Meanwhile, passengers and some crew members were evacuated in lifeboats, many of which were launched only partly loaded.

By 2:20 AM, the giant ship broke apart and foundered, with over 1000 people still aboard. Just under two hours after the sinking, the Cunard liner RMS Carpathia arrived and brought aboard about 705 survivors.

Small Numbers
74: The number of years it took to find the wreck of the Ship in the Atlantic Ocean.
64 : The number of lifeboats supposed to be aboard the ship.
20 : The number of lifeboats she actually carried.
65: Maximum capacity of a lifeboat.
28 : The number of people on board the first lifeboat.
2 : The number of workers killed during the construction process.

Who doesn’t know about Titanic? The famous British ship that was designed to be unsinkable, but it finally sank on 15 April 1912 after colliding with an iceberg during its long trip from Southampton, UK to New York City, US. About 1,500 people died, and the largest ship made at the time led to one of the biggest disasters in modern history.


Big Numbers
$7,500,000 : The total cost of building the RMS Titanic.
12,600 feet : The depth at which the wreck of the ship lays.
882 feet : The length of the ship.
3,547 : The maximum number of people the ship could carry.
2,223 : The number of people aboard, including passengers and crew.
1,178: The number of people that could be carried in the lifeboats.
705 : The number of people who survived the tragedy.
https://www.titanicuniverse.com/international-mercantile-marine-stock-certificates

Titanic Conspiracy Theory: Did JP Morgan Cause the Sinking?

According to the conspiracy theory, as J.P. Morgan was planning to form The Federal Reserve, he killed off any potential threats by ensuring rival millionaires Jacob Astor, Isidor Straus and Benjamin Guggenheim, who all allegedly opposed the forming of a central bank, perished aboard Titanic.

Upon John Pierpont Morgan's death in 1913, the bank's leadership passed to his son, John Pierpont "Jack" Morgan Jr.

Mrs. Edward Harriman* sold her substantial shares in New York’s Guaranty Trust Bank to J.P. Morgan, creating Morgan Guaranty Trust. Judge Louis Brandeis convinced President Woodrow Wilson to call for an end to interlocking board directorates. In 1914 the Clayton Anti-Trust Act was passed.

*NOTE: Wife of the railroad magnate- Edward H Harriman

The House of Morgan financed half the US war effort, while receiving commissions for lining up contractors like GE, Du Pont, US Steel, Kennecott and ASARCO. All were Morgan clients. Morgan also financed the British Boer War in South Africa and the Franco-Prussian War. The 1919 Paris Peace Conference was presided over by Morgan, which led both German and Allied reconstruction efforts.

On November 11, 2001, in connection with the merger of The Chase Manhattan Bank and Morgan Guaranty Trust Company of New York, the surviving corporation was renamed JPMorgan Chase Bank.

 

 

Jamie Dimon Faces His Critics in Crucial Shareholder Vote
John Carney | @carney
Published 9:41 AM ET Mon, 20 May 2013 Updated 2:51 PM ET Tue, 21 May 2013
CNBC.com
https://www.wsj.com/articles/iss-recommends-vote-against-j-p-morgan-ceo-dimons-pay-package-1430926690

JP Morgan's board rejects switch to stakeholder-focused entity
Ross Kerber
February 9, 2021·3 min read
https://finance.yahoo.com/news/jp-morgans-board-rejects-switch-212853846.html

 

 

 

Insurance is the biggest business in the  world . The interesting thing about insurance/reinsurance companies  is the companies that operate and manipulate the insurance businesses.

First let me try to explain why it was illegal for

 

EX-21.1 9 dex211.htm SUBSIDIARIES OF THE COMPANY
Exhibit 21.1

SUBSIDIARIES OF THE ST. PAUL TRAVELERS COMPANIES, INC.

Name

State or Other
Jurisdiction of
Incorporation
Travelers Property Casualty Corp.

Connecticut
Constitution Plaza, Inc.

Connecticut
The Travelers Asset Funding Corp.

Connecticut
Travelers Insurance Group Holdings Inc.

Delaware
The Standard Fire Insurance Company

Connecticut
AE Properties, Inc.

California
Bayhill Associates

California
Bayhill Restaurant II Associates

California
Industry Land Development Company

California
Industry Partners

California
Standard Fire UK Investments, L.L.C.

Delaware
The Automobile Insurance Company of Hartford, Connecticut

Connecticut
Auto Hartford Investments LLC

Delaware
European GREIO/AIC Real Estate Investments LLC

Delaware
TIC/Nevada La Entrada, L.L.C.

Delaware
Travelers ALPHA Holdings, Inc. (1)

Connecticut
TIMCO ALPHA I, L.L.C.

Connecticut
Travelers Information Services Inc. (1)

Connecticut
Travelers Personal Security Insurance Company

Connecticut
Travelers Property Casualty Insurance Company

Connecticut
Travelers Personal Insurance Company

Connecticut
The Travelers Indemnity Company

Connecticut
Arch Street North LLC

Delaware
BAP Investor Pine, Inc.

Delaware
Commercial Guaranty Lloyds Insurance Company

Texas
Commercial Insurance Resources, Inc.

Delaware
Gulf Brokerage Services, Inc.

Delaware
Gillingham & Associates Inc.

Colorado
Gulf Marketing Services, Inc.

Delaware
The Outdoorsman Agency, Inc.

South Carolina
Gulf Insurance Company

Connecticut
Atlantic Insurance Company

Texas
Gulf Group Lloyds

Texas
Gulf Risk Services, Inc.

Delaware
Gulf Underwriters Insurance Company

Connecticut
Select Insurance Company

Texas
European GREIO/TINDC Real Estate Investments LLC

Delaware
Gulf Insurance Holdings U.K. Limited

United Kingdom
Travelers Casualty and Surety Company of Europe, Limited

United Kingdom
Gulf Underwriting Holdings Limited

United Kingdom
Gulf Underwriting Limited

United Kingdom
Countersignature Agency, Inc.

Florida
Cripple Creek Venture Partner L.P.

Colorado
First Floridian Auto and Home Insurance Company

Florida
First Trenton Indemnity Company

New Jersey
Red Oak Insurance Company

New Jersey
GREIO Islamic Debt L.L.C.

Delaware
GREIO Islamic Equity L.L.C.

Delaware
Midkiff Development Drilling Program, L.P. (1)

Delaware
Travelers Distribution Alliance, Inc.

Delaware






Travelers Indemnity U.K. Investments L.L.C.

Connecticut
EM Special Opportunities TPC Ltd.

Delaware
The Charter Oak Fire Insurance Company

Connecticut
The Northland Company

Minnesota
Commercial Guaranty Casualty Insurance Company

Indiana
Commercial Guaranty Insurance Company

Delaware
Jupiter Holdings, Inc.

Minnesota
American Equity Insurance Company

Arizona
American Equity Specialty Insurance Company

California
Mendota Insurance Company

Minnesota
Mendakota Insurance Company

Minnesota
Mendota Insurance Agency, Inc.

Texas
Northland Insurance Company

Minnesota
Northfield Insurance Company

Iowa
Northland Casualty Company

Minnesota
Northland Risk Management Service, Inc.

Minnesota
The Phoenix Insurance Company

Connecticut
Constitution State Services L.L.C.

Delaware
Phoenix UK Investments, L.L.C.

Delaware
The Travelers Indemnity Company of America

Connecticut
The Travelers Indemnity Company of Connecticut

Connecticut
Travelers Property Casualty Company of America

Connecticut
The Premier Insurance Company of Massachusetts

Massachusetts
The Travelers Home and Marine Insurance Company

Connecticut
The Travelers Lloyds Insurance Company

Texas
The Travelers Marine Corporation

California
TI Home Mortgage Brokerage, Inc.

Delaware
TINDY RE Investments, Inc.

Connecticut
TravCo Insurance Company

Connecticut
Travelers Bond Investments, Inc.

Connecticut
Travelers Commercial Casualty Company

Connecticut
Travelers Medical Management Services Inc.

Delaware
Travelers Specialty Property Casualty Company

Connecticut
TPC Investments Inc.

Connecticut
TPC UK Investments LLC

Delaware
Travelers (Bermuda) Limited

Bermuda
Travelers Alternative Strategies Inc.

Connecticut
Travelers Casualty and Surety Company

Connecticut
AE Development Group, Inc.

Connecticut
Charter Oak Services Corporation

New York
Farmington Casualty Company

Connecticut
Travelers ALPHA Holdings, Inc. (1)

Connecticut
TIMCO ALPHA I, L.L.C.

Connecticut
Travelers MGA, Inc.

Texas
TCS European Investments Inc.

Connecticut
TCS International Investments Ltd.

Cayman Islands
TCSC RE Investments Inc.

Connecticut
Travelers Casualty and Surety Company of America

Connecticut
Travelers Casualty and Surety Company of Canada

Canada
Travelers Casualty Insurance Company of America

Connecticut
Travelers Casualty Company of Connecticut

Connecticut
Travelers Casualty UK Investments, L.L.C.

Connecticut
Travelers Commercial Insurance Company

Connecticut
Travelers Excess and Surplus Lines Company

Connecticut
Travelers Information Services, Inc. (1)

Connecticut
Travelers Lloyds of Texas Insurance Company

Texas




Travelers PC Fund Investments, Inc.

Connecticut
Urban Diversified Properties, Inc.

Connecticut
Travelers P&C Capital I

Delaware
Travelers P&C Capital II

Delaware
Travelers P&C Capital III

Delaware
TAP Capital I

Delaware
TAP Capital II

Delaware
TAP Capital III

Delaware
St. Paul Fire and Marine Insurance Company

Minnesota
St. Paul Mercury Insurance Company

Minnesota
St. Paul Guardian Insurance Company

Minnesota
St. Paul Fire and Casualty Insurance Company

Wisconsin
Seaboard Surety Company

New York
St. Paul Specialty Underwriting, Inc.

Delaware
St. Paul Surplus Lines Insurance Company

Delaware
Athena Assurance Company

Minnesota
St. Paul Medical Liability Insurance Company

Minnesota
Northbrook Holdings, Inc.

Delaware
Discover Property & Casualty Insurance Company

Illinois
St. Paul Protective Insurance Company

Illinois
St. Paul Venture Capital IV, L.L.C.

Delaware
St. Paul Venture Capital V, L.L.C.

Delaware
St. Paul Venture Capital VI, L.L.C.

Delaware
St. Paul Properties, Inc.

Delaware
350 Market Street, Inc.

Minnesota
United States Fidelity and Guaranty Company

Maryland
Fidelity and Guaranty Insurance Underwriters, Inc.

Wisconsin
Fidelity and Guaranty Insurance Company

Iowa
USF&G Insurance Company of Mississippi

Mississippi
USF&G Specialty Insurance Company

Maryland
F&G Specialty Insurance Services, Inc.

California
GeoVera Insurance Company

Maryland
Pacific Select Property Insurance Company

California
Discover Re Managers, Inc.

Delaware
Discover Reinsurance Company

Indiana
Discovery Managers, Ltd.

Connecticut
Captiva, Ltd.

Bermuda
Unionamerica Holdings plc

United Kingdom
St. Paul Guarantee Insurance Company

Canada
Coronation Insurance Company Ltd.

Canada
Discover Specialty Insurance Company

Illinois
Nuveen Investments, Inc. (2)

Delaware
Nuveen Investments, LLC

Delaware
Nuveen Asset Management

Delaware
Rittenhouse Asset Management, Inc.

Delaware
Symphony Asset Management, LLC

California
Nuveen Asia Investments, Inc.

Delaware
Nuveen Investments Holdings, Inc.

Delaware
Nuveen Investments Advisers, Inc.

Delaware
Nuveen Investments Institutional Services Group, LLC

Delaware
Nuveen Investments Canada Co.

Nova Scotia
NWQ Investment Management Company, LLC

Delaware




St. Paul Re, Inc.

New York
Camperdown Corporation

Delaware
St. Paul London Properties, Inc.

Minnesota
St. Paul Multinational Holdings, Inc.

Delaware
St. Paul Insurance Company (S.A.) Limited

South Africa
SPC Insurance Agency, Inc.

Minnesota
St. Paul Bermuda Holdings, Inc.

Delaware
St. Paul (Bermuda), Ltd.

Bermuda
St. Paul Re (Bermuda), Ltd.

Bermuda
St. Paul Reinsurance Company Limited

United Kingdom
St. Paul Travelers Insurance Company Limited

United Kingdom
New World Insurance Company Ltd.

Guernsey
St. Paul Travelers Syndicate Management Limited

United Kingdom
St. Paul Travelers Management Limited

United Kingdom
USF&G Financial Services Corporation

Maryland
Mountain Ridge Insurance Co.

Vermont
St. Paul Aviation Inc.

Minnesota
(1) Partially owned by more than one subsidiary of Travelers Property Casualty Corp.


(2) Nuveen Investments, Inc. is a majority-owned subsidiary jointly owned by the Company, which holds a 66% interest, and St. Paul Fire and Marine Insurance Company, which holds a 13% interest. The remaining 21% is publicly held.

https://www.sec.gov/Archives/edgar/data/86312/000119312505052696/dex211.htm

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