Cele 16 minute care au salvat capitalismul american
In October 1907, panic gripped New York as the stock market crashed. J.P. Morgan intervened, gathering bankers to raise $25 million in just 16 minutes, stabilizing the market. His decisive actions prevented a financial disaster, earning him both praise and criticism. This crisis highlighted the fragility of the American economy, leading to the establishment of the Federal Reserve to prevent future collapses.