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Updated: August 21, 2026
On May 12, 1812, he opened the Girard Bank, with a capital of $1,200,000, which he increased the following year by $100,000 more. His wealth was now overshadowingly great; his power immense. He was a veritable dictator of the realms of finance; an assiduous, repellent little man, with his devil's eye, who rode roughshod over every obstacle in his path.
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