Jay Cooke
Financier, founded Jay Cooke & Company
Born
Died
1905
120 years ago — 84 years old
Category
Leaders & Politicians
Country
United States
Links & References
A prominent American financier, contributed significantly to the development of the northern U.S. railroads. Founded Jay Cooke & Company, which played a crucial role in financing the construction of the Northern Pacific Railroad. This venture helped expand the rail network and promote westward expansion. Cooke's firm also engaged in various financial activities and was involved in funding the Union during the Civil War. He faced financial difficulties in the 1870s, leading to the collapse of his firm, which impacted the broader financial markets.
Founded Jay Cooke & Company
Financed the Northern Pacific Railroad
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