Brennan Center for Justice documented record-breaking dark money spending of $1.9 billion in 2024 federal election cycle, nearly doubling previous record. Dark money groups contributed $1.3 billion to super PACs, more than prior two election cycles combined, often routed through shell companies to …
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The United States Steel Corporation is incorporated with authorized capitalization of $1.4 billion, becoming the first billion-dollar corporation in history and controlling 60% of the nation’s primary steel capacity. Financier J.P. Morgan orchestrates the massive consolidation, fusing together …
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On February 25, 1901, J.P. Morgan incorporated the United States Steel Corporation with an authorized capitalization of $1.4 billion, creating the first billion-dollar corporation in history by purchasing Andrew Carnegie’s steel empire for approximately $480 million and consolidating it with …