Five Famous Philanthropists

These  philanthropists made their money by cheating people, abusing workers, destroying
those in their path and working with criminals and dictators. Pictured is banker J. P. Morgan.

J.P. Morgan used his connections to get himself and allies on boards of the largest companies. This led to his ability to form monopolies with Andrew Carnegie, John D. Rockefeller and other robber barons of the age. He effectively shut down all competition, raised prices and controlled large segments of the economy. He also encouraged a culture of monopolies that would lead to several financial crises. By his outsized influence he could make or break an economy and the jobs and savings of millions of people.

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From the Upcoming ueue, submitted by \'\' milos87.


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