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Opinion
J David Stewart

The Violent, Scandalous Origins of JPMorgan Chase

Americans like to imagine that the Founding Fathers were virtuous and civic-minded giants bestriding the continent. But many of them kept a sharp eye on the main chance, alert to opportunities for personal profit.

The birth of the mega-bank JPMorgan Chase & Co. may be traced to two such figures: Aaron Burr, the dark star of America’s early years, and his longtime nemesis, Alexander Hamilton, the first secretary of the Treasury.