Quotable J.P. Morgan

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When asked what the stock market will do, J.P Morgan (1837-1913), the banker, financier, businessman replied:

"It will fluctuate!"

The Legendary J.P. Morgan

A legend of doubtful authenticity has it that J.P. Morgan was once present with a group of men at a bar in the financial district. Beckoning to the waiter, he ordered a beer; at the same time, saying, "When Morgan drinks, everybody drinks." Everybody had a beer and when Morgan had finished, he slapped a dime upon the table, saying, "When Morgan pays, everybody pays."