Which of the following is false about Jay Cooke?

a. He helped to lobby for Salmon Chase to become U.S. Grants Secretary of the Treasury.

b. He helped pass the National Banking Act of 1863.

c. For many years he had a monopoly on the underwriting of federal government debt.

d. By 1870 he was reported to be the richest man in America.

e. During the Panic of 1873 he lost virtually all his wealth.