Jay Cooke


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Noun1.Jay Cooke - United States financier who marketed Union bonds to finance the American Civil WarJay Cooke - United States financier who marketed Union bonds to finance the American Civil War; the failure of his bank resulted in a financial panic in 1873 (1821-1905)
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What with the Jay Cooke failure, the Hayes-Tilden deadlock, and the bursting of a hundred railroad bubbles, there was very little in the news of the day to encourage investors.
Chase is generally credited with proposing the system to Congress in 1863 and being one of its most dedicated supporters, Chase would not have had nearly the success he did if it were not for his financial and familial connections with Philadelphia investment banker Jay Cooke of Cooke & Co.
Pillsbury, Adolph Coors, Henry Ford, Jay Cooke, Walter Scott Cheesman, A.
A fierce battle waged between Pro Floors Racing, long-time leaders Motley Crew and Racing for Cancer and the Kiwis were deprived of the win after being overtaken by Racing for Cancer's Jay Cooke and Randy Sweers on lap 12.
Under the aegis of Henry Cooke, the hard-earned savings of former slaves were wiped out after being entrusted to Jay Cooke & Co.
Long before 2008 in the United States, there were the failures of the private investment bank Jay Cooke and Co.
Lehman Brothers and AIG may have been too big to fail in 2008, but so once were Jay Cooke & Co.
The announcement was made by Sun-Times editor in chief Jay Cooke.
While other Pacific Railroad officials considered this an unnecessary step that would delay the project, it is as nothing compared to the next ten chapters of slogging survey and track-laying expeditions, which seem to have completed their initial work a few weeks before Jay Cooke declared bankruptcy, closed the doors of his bank, and dragged the country into a financial panic.
As a political powerhouse, Jay Cooke was second only to Pres.
of Texas) examines this history by focusing on five individuals central to these debates: Alexander Hamilton (1755-1757), the first Secretary of the Treasury and champion of the idea of a national bank; Nicholas Biddle (1786-1844), president of the Second Bank of the United States who fought the "Bank War" with President Andrew Jackson; Jay Cooke (1821-1905), the American financier whose bonds financed the Union during the Civil War and, in the process, pioneered the use of price stabilization; Jay Gould (1836-1892), who tried to corner the market in gold; and J.