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  1. Joseph Patrick Kennedy Sr. (September 6, 1888 – November 18, 1969) was a prominent American businessman, investor and politician. He is known for his own political prominence as well as that of his children and was the patriarch of the Irish-American Kennedy family . Kennedy was born to a political family in East Boston, Massachusetts.

  2. Joseph P. Kennedy Sr. is a very complicated figure with a variety of identities over the course of his life: a son, a brother, a student, a husband, a father, a financier, a film producer, and a public servant, but his wealth, his career, and indeed his entire life is often reduced to one-word: bootlegger.

    • Business Career
    • New Dealer
    • Political Alliances
    • Death and Legacy
    • See Also
    • External Links

    Kennedy made a large fortune as a stock market and commodity speculator and by investing in real estate and a wide range of industries. He never built a significant business from scratch, but his timing as both buyer and seller was usually excellent. Sometimes he made use of business information not available to the public, in ways which would later be made illegal as insider trading, but regulations were lighter in his era. He later became the Chairman of the SEC. When Fortunemagazine published its first list of the wealthiest people in the United States in 1957 it placed him in the $200-400 million category, meaning that it estimated him to be between the ninth and sixteenth richest person in the U.S. at that time.

    Kennedy's first major involvement in a national political campaign was his support in 1932 for Franklin D. Roosevelt's bid for the Presidency. He donated, loaned, and raised a substantial amount of money for the campaign. Roosevelt rewarded him with an appointment as the inaugural Chairman of the U.S. Securities and Exchange Commission (SEC). Kennedy's reforming work as SEC Chairman was widely praised on all sides, as investors realized the SEC was protecting their interests. His knowledge of the financial markets equipped him to identify areas requiring the attention of regulators. One of the crucial reforms was the requirement for companies to regularly file financial statements with the SEC which broke what some saw as an information monopoly maintained by the Morgan banking family. Kennedy left the SEC in 1935 to take over the Maritime Commission, which built on his wartime experience in running a major shipyard. Kennedy eventually resigned from the post, reportedly tired of dea...

    Alliance with Joe McCarthy

    Kennedy's close ties with Republican Senator Joseph McCarthy strengthened his family's position among Irish Catholics, but weakened it among liberals who strongly opposed McCarthy. Even before McCarthy became famous in 1950, Kennedy had forged close ties with the Republican Senator from Wisconsin, often bringing him to his home in Hyannis Port as a weekend house guest. When McCarthy became a dominant voice of anti-Communism starting in 1950, Kennedy contributed thousands of dollars to McCarth...

    Presidential ambitions for family

    After World War II, Joe Kennedy concentrated his efforts on getting his sons elected to office. He used his wealth and connections to build a national network of supporters that became the base for his sons' political careers. He especially concentrated on the Irish American community in large cities, particularly Boston, New York, Chicago, Pittsburgh and several New Jersey cities. ; Joe Kennedy was consigned to the political shadows after his remarks during WWII that "Democracy is finished…,...

    On December 19, 1961, at the age of 73, Joseph P. Kennedy, Sr. suffered a major stroke. He survived, but lost all power of speech, and was left paralyzed on his right side. As a result, he was confined to a wheelchair for the remainder of his life. He remained active and interested in his children's and grandchildren's lives. Despite being severely disabled from the stroke, Kennedy remained aware of the tragedies that befell his family until his own death, on November 18, 1969. Two months after his eighty-first birthday, Kennedy died at the family compound on Nantucket Sound in Hyannis Port, Massachusetts. The words of his longtime friend, Cardinal Cushing, best express Kennedy's importance in American life:

    All links retrieved June 8, 2018. 1. Sidey, Hugh. The Dynasty The Kennedys The Time 100, June 14, 1999.

  3. Nov 17, 2020 · Joseph Patrick "Joe" Kennedy, Sr. (September 6, 1888 – November 18, 1969) was a prominent American businessman and political figure, and the father of U.S. President John F. Kennedy, United States Senator and Attorney General Robert F. Kennedy, United States Senator Edward M. Kennedy, naval officer Joseph P. Kennedy Jr, Special Olympics co ...

    • "Joseph P. /Kennedy/", "Joe"
    • September 06, 1888
  4. Apr 17, 2017 · Joseph Kennedy Sr., JFK's father and the patriarch of "America's Royal Family," left behind a complicated legacy, including anti-Semitism and Nazi sympathies. Harris & Ewing / Library of Congress Joseph Kennedy Sr. in Washington, D.C., circa 1940. In 1928, Joseph Kennedy Sr. sold two of his small film studios, creating RKO Pictures, best known ...

    • Kellen Perry
  5. Joseph Patrick Kennedy was born in Boston, Massachusetts. He was the elder son of Mary Augusta Hickey Kennedy and P. J. Kennedy, a successful businessman, ward boss and Irish American community leader. All of Kennedy's grandparents had immigrated to Massachusetts in the 1840s to escape the Irish famine. Kennedy was born into a highly sectarian society, where Irish Catholics were excluded by ...

  6. Apr 08, 2021 · Joseph P. Kennedy is best known as the father of three political leaders: President John F. Kennedy, U.S. Representative Ted Kennedy and Robert F. Kennedy, who served as a U.S. senator and ...

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