Why was j. p Morgan a bad person

One of the most powerful bankers of his era, J.P. (John Pierpont) Morgan (1837-1913) financed railroads and helped organize U.S. Steel, General Electric and other major corporations. ... However, he faced criticism that he had too much power and was accused of manipulating the nation's financial system for his own gain.

i believe the answer is d.

the government closely monitored its finances to avoid another financial collapse.