Rockefeller and Morgan were distant cousins both descended from James Morgan. Morgan's name sake company has been investing in and financing and insuring fossil fuels since JP and JD were robber barron cohort colluders and sometimes opponents.
But with fossil fuels coming to an end right now it looks like at least the namesake firm will also go under. Its as as underwater with fossil fuel junk as Blackrock. Could have this wrong as it doesn't get more dynastic than some of these old houses. And I think revolving door or not banks of every stripe are just pawns of tecnoctatic government anyway. But if an investment houses entire or majority porfolio consists of written off obsolete trash with no profit futute how does that ever point to the brand persisting? Its like a firm rooted in whale oil.
But with fossil fuels coming to an end right now it looks like at least the namesake firm will also go under. Its as as underwater with fossil fuel junk as Blackrock. Could have this wrong as it doesn't get more dynastic than some of these old houses. And I think revolving door or not banks of every stripe are just pawns of tecnoctatic government anyway. But if an investment houses entire or majority porfolio consists of written off obsolete trash with no profit futute how does that ever point to the brand persisting? Its like a firm rooted in whale oil.