do you still have the link to the book? Read the part about the Bankers Pool intervention. it will read like deja vu.Pigeon wrote:Undercover...I remember that long post about the crash days...
When all else fails, have the government inform it's patriotic citizens that all is well and to keep paying the banks.
The Irony Is Rich - But Soon To Be Poor
Re: The Irony Is Rich - But Soon To Be Poor
"If you don't think to good, don't think too much." Yogi
Re: The Irony Is Rich - But Soon To Be Poor
Where is that link again? Anyone remember?lkwalker wrote:do you still have the link to the book? Read the part about the Bankers Pool intervention. it will read like deja vu.Pigeon wrote:Undercover...I remember that long post about the crash days...
When all else fails, have the government inform it's patriotic citizens that all is well and to keep paying the banks.
Re: The Irony Is Rich - But Soon To Be Poor
The bankers separated. Mr. Lamont faced a gathering of reporters in the Morgan offices. His face was grave, but his words were soothing.
His first sentence alone was one of the most remarkable understatements of all time.
[yb]"There has been a little distress selling on the Stock Exchange," said he, "and we have held a meeting of the heads of several financial institutions to discuss the situation. We have found that there are no houses in difficulty and reports from brokers indicate that margins are being maintained satisfactorily."[/yb]
He went on to explain that what had happened was [yb]due to a "technical condition of the market"[/yb] rather than to any fundamental cause.
Still using those lines today. I see they are sticking with a tried and true method.His first sentence alone was one of the most remarkable understatements of all time.
[yb]"There has been a little distress selling on the Stock Exchange," said he, "and we have held a meeting of the heads of several financial institutions to discuss the situation. We have found that there are no houses in difficulty and reports from brokers indicate that margins are being maintained satisfactorily."[/yb]
He went on to explain that what had happened was [yb]due to a "technical condition of the market"[/yb] rather than to any fundamental cause.
Re: The Irony Is Rich - But Soon To Be Poor
Good liars keep it simple.
Fuck these guys.
It's a shame when you grow up and realize the system you've lived under and participated in is a sham and a con and you're one of the marks.
Fuck these guys.
It's a shame when you grow up and realize the system you've lived under and participated in is a sham and a con and you're one of the marks.
Re: The Irony Is Rich - But Soon To Be Poor
Elections are coming up. Let's get the changes to allow us to sell stock we don't own for our donations this time.
Re: The Irony Is Rich - But Soon To Be Poor
Absolutely nothing has changed. "Only Yesterday" is also "Just Tomorrow."Pigeon wrote:The bankers separated. Mr. Lamont faced a gathering of reporters in the Morgan offices. His face was grave, but his words were soothing.Still using those lines today. I see they are sticking with a tried and true method.
His first sentence alone was one of the most remarkable understatements of all time.
[yb]"There has been a little distress selling on the Stock Exchange," said he, "and we have held a meeting of the heads of several financial institutions to discuss the situation. We have found that there are no houses in difficulty and reports from brokers indicate that margins are being maintained satisfactorily."[/yb]
He went on to explain that what had happened was [yb]due to a "technical condition of the market"[/yb] rather than to any fundamental cause.
"If you don't think to good, don't think too much." Yogi