He helped the company survive a bank run during the Panic of 1907 , securing the backing of J. Pierpont Morgan and European sources .
That company became the Trust Company of America , of which Thorne was serving as president .
Thorne helped the company survive a bank run during the Panic of 1907 , securing the backing of J. Pierpont Morgan and European sources .
That company became the Trust Company of America , of which Thorne was serving as president .