A Crash Really Occurs When You Suddenly

When News Of The Crash Came, Probably A Lot Of People In Small Towns And Farms Across America Felt A Sense Of Grim Satisfaction That The Sinners Had Finally Been Punished For Their Wicked Ways.

You Don't Want Too Much Fear In A Market, Because People Will Be Blinded To Some Very Good Buying Opportunities. You Don't Want Too Much Complacency Because People Will Be Blinded To Some Risk.

A Romantic Striving For An Impossible Ideal.

If You Go Back To The Time Of J.p. Morgan, The World Of High Finance Was Completely Wholesale. The Prestigious Investment Banks On Wall Street Appealed Exclusively To Large Corporations, Governments, And To Extremely Wealthy Individuals.

Hamilton Had One Of Those Extraordinary 18th-century Minds That Touched On Virtually Every Major Topic Of The Day.