Quote of the Day...05/03/2014

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Quote of the Day...05/03/2014

Postby Indaswamp » Sat May 03, 2014 9:36 pm

“Bitterly hostile was Wall Street to the enactment of the regulatory legislation…had there been full disclosure of what was being done in furtherance of these schemes, they could not long have survived the fierce light of publicity and criticism. Legal chicanery and pitch darkness were the banker’s stoutest allies.” -In his 1939 memoir “Wall Street under oath” Ferdinand Pecora
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