Status Updates From How Are You Going to Pay fo...

...the rising tide in fact floated only the yachts, while the rowboats sank...

Gilded Age “robber barons” famously rolled up key industrial markets [...] starting in the 1870s. Andrew Carnegie took command of steel, Cornelius Vanderbilt railroads, William Clark [sic] copper, J. P. Morgan finance, and so on (though most such were involved in several lines of business, and all relied on relationships with financiers).