Actually it was the bankers who screwed Tesla (and Edison)
J. P. Morgan loaned money to Thomas Edison for his incandescent light research and therefore directed Edison's power generation and distribution plants. Nikola Tesla (July 10, 1856 - January 7, 1943), a Serbian who later became a U.S. citizen, was fluent in seven languages. He patented the radio on March 20, 1900, a patent usurped and used by Marconi. Tesla needed the financing that the House of Morgan offered but wishing to retain independence, he resisted the accompanying control. He had witnessed the robber baron's 1891 aggressive takeover of the struggling Thomson-Houston Company and the Edison Company to form General Electric4
Tesla had also witnessed how Morgan coveted and endangered the autonomy of Westinghouse. Morgan wanted Tesla to sign over his broad spectrum radio patents as security for the loans. Tesla had plans for a directed-energy weapon, not yet patented. Tesla proposed an end to all war. Tesla's alternating current induction motor could have provided free, world-wide electricity to every human. Undoubtedly, Morgan, making huge profits from energy, wished to conceal that possibility. German born George H. Scherff Sr. served as Tesla's accountant and assistant. When Tesla died, his vast collection of papers were seized and classified by the banker-obedient government.5
Ref 4. The New York Times Guide to Essential Knowledge: A Desk Reference for the Curious Mind By The New York Times, Published by Macmillan 2004, pp. 142-143
Ref 5 Margaret Cheney, Tesla, Man Out of Time, Barnes & Noble, New York, 1993, pg. 99, 80, 157-160
Redistribution of Assets



