Pierre Du Pont

Nye Committee Begins Investigation of War Profiteering and Munitions Industry "Merchants of Death"

| Importance: 8/10

The U.S. Senate Special Committee on Investigation of the Munitions Industry, chaired by Senator Gerald Nye (R-ND), begins operations on April 12, 1934, to investigate the financial and banking interests underlying American involvement in World War I and the enormous profits reaped by industrial and …

Gerald Nye U.S. Senate J.P. Morgan Jr. Pierre du Pont munitions manufacturers +1 more war-profiteering corporate-corruption military-industrial-complex investigations world-war-i
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DuPont-GM Consolidation Creates Model of Interlocking Corporate Control

| Importance: 7/10

Pierre du Pont assumes the presidency of General Motors in December 1920 and installs Alfred P. Sloan as operating head, consolidating DuPont family control over the nation’s largest automaker after DuPont Company acquires 23% of GM stock. The arrangement creates a paradigmatic example of …

Pierre du Pont Alfred P. Sloan John J. Raskob DuPont Company General Motors corporate-consolidation institutional-capture antitrust-evasion corporate-governance
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