JP Morgan & Co.

Lusitania Sunk by German U-Boat with 173 Tons of Munitions Aboard: 1,200 Dead, Morgan Profiteering Exposed

| Importance: 8/10

A German U-boat torpedoed the British ocean liner RMS Lusitania about 11 nautical miles off the Old Head of Kinsale, Ireland, sinking the ship in just 18 minutes and killing approximately 1,200 of nearly 2,000 passengers and crew, including 128 Americans. The Germans had circulated warnings that the …

RMS Lusitania German Navy British Government JP Morgan & Co. American passengers war-profiteering world-war-i jp-morgan propaganda corporate-negligence
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JP Morgan Becomes Allied War Financier: $3 Billion in Loans and Munitions Contracts, Abandons Neutrality for Profit

| Importance: 8/10

In August 1914, as World War I erupted in Europe, JP Morgan & Co. approached the U.S. government about making loans to the French Government and the Rothschilds. Despite Secretary of State William Jennings Bryan’s principled position that “loans by American bankers to any foreign …

JP Morgan & Co. British Government French Government Thomas Lamont President Woodrow Wilson +1 more war-profiteering banking-consolidation jp-morgan world-war-i financial-capture
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