Charles M. Schwab

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Charles M. Schwab

An American industrialist and steel manufacturer (1862-1939). He began to work as a stake driver for the Carnegie Steel Company and quickly rose to become its president. He secretly negotiated Carnegie's sale to J.P. Morgan and other investors in 1901. He continued as president of U.S. Steel, Carnegie's successor company, until 1903, when a conflict with another executive caused him to form Bethlehem Steel Company. It became the largest steel producing company in the world. He became very wealthy, but lost most of his money in the 1929 stock market crash. He was not related to Charles R. Schwab.
References in periodicals archive ?
The Charles Schwab Corporation (NYSE:SCHW) on Friday revealed that Peter Crawford is succeeding Joseph R.
15 October 2012 a[euro]" US financial services provider The Charles Schwab Corp (NYSE:SCHW) said on Monday it had entered into an agreement to take over domestic dividend income-focused asset management firm ThomasPartners Inc.
Cushman & Wakefield announced that Charles Schwab & Co.
The Charles Schwab Corporation ("Schwab", a financial holding company within the meaning of the Bank Holding Company Act ("BHC Act"), has requested the Board's approval under section 3 of the BHC Act (12 U.
The Charles Schwab Corporation (NYSE:SCHW) declared on Thursday that its board of directors approved a half yearly dividend of USD35 per share on the company's outstanding fixed-to-floating rate non-cumulative perpetual preferred stock, series A.
15 October 2012 - US financial services provider The Charles Schwab Corp (NYSE:SCHW) said on Monday it had entered into an agreement to take over domestic dividend income-focused asset management firm ThomasPartners Inc.