Tag Archives: Wall Street Journal

Women’s Acceptance of Gay Men

In my book Observer: The Ronnie Lee and Jackie Bancroft Spencer Morgan Story, a tale of people, greed, envy, manipulation — even crime, I mention that it was a mystery to me how women felt so at ease with Ron. Their conversations were totally different from either the way Ron...

The Panic of 1907

From Clarence Barron’s purchase of the Wall Street Journal in 1902 until 1907, America was on one of its cyclic booms. In 1907, however, “The Panic of 1907” hit Wall Street and the country. It was also called the “1907 Bankers’ Panic.” The New York Stock Exchange fell close to...

Hugh Bancroft

Hugh Bancroft was an interesting man. Born in Boston with a silver spoon in his mouth, one would quickly view him as the epitome of success. He graduated from Harvard in 1897, at 17. His father, a major general of the Massachusetts National Guard and Chairman of the Boston Elevated Railway, captained...

Jessie Waldron

Charles Dow and Edward Jones founded Dow Jones Publishing and the Wall Street Journal, while Dow developed the two averages, Rail and Industrial, that became an index for gauging the market. Clarence Barron bought these entities from Dow in 1902, but it was Jessie Waldron, Barron’s new wife who initially took...

Clarence Barron, New Owner of the “WSJ”

In June 1887, after 11-years as financial editor of the “Boston Transcript,” where he had increased circulation by 15% due to his reporting, Clarence Barron founded his own company, the “Boston News Bureau,” whose purpose was to disseminate news of the Boston and New York stock exchanges. By 1896, Barron’s...

The Early Beginnings of the “WSJ”

Charles Dow was a young reporter working for the “Kiernan Wall Street Financial News Bureau.” At his recommendation, it brought on board Dow’s older friend, Edward Davis Jones. The two quickly proved to be an excellent team. Dow was the idea man, while, it was said Jones could dissect and...

Shocked Implants

I knew Ronnie Lee Morgan, the third husband of Jackie (Jackie Bancroft Spencer Morgan), the “Wall Street Journal” heiress, many years before he married Jackie. In the early years, I represented him on a few credit matters, the dissolution of his high-end antique and interior decorating business called “Jackson-Morgan” in Midland,...

Jackie and The Republican Party

The 2000 presidential election was a hotly contested race between then Governor of Texas George W. Bush and Vice-President Al Gore. Jackie (Jackie Bancroft Spencer Morgan) was expected to contribute money not only to Bush but to New Mexican Republican candidates — governor, senator, congressmen — as well. She was...

“The Market”

As a lawyer, I represented Ronnie Lee Morgan, the third husband of the “Wall Street Journal” heiress, Jackie Bancroft Spencer Morgan. Ron was an interior decorator, and before he married Jackie, I began to notice he had a way with women, wealthy women. I began to observe this personality trait as it turned out...