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News Focus
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bar1080

06/22/17 6:43 PM

#122363 RE: integral #122361

"back when people were getting stock quotes from the newspaper the next day."

My big city newspaper had stocks in the edition that came out around 5 PM. In college, the small town paper published quotes the next morning. If you really wanted to know what was going on you sat in the broker's office and watched the ticker, and read the teletype machine. Or you phoned your broker. (they must have hated those calls).

I cut my teeth sitting in a brokers office between elderly millionaires who'd sometimes start conversations with, "Back in '29..." There was no BS. One 90-year old passed around his monthly statement, three pages long, showing $3 million in stocks. Like $20 million today. Polaroid, Xerox, IBM, etc. Mostly Nifty Fifty stuff. No pennies. LOLOL!

Utterly unlike IHUB!
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bar1080

06/22/17 7:19 PM

#122366 RE: integral #122361

Don't recall Ney, "but Ney was credited with saying, "Hidden behind the facade of pompous jargon and noble affections, there is more sheer larceny per square foot on the floor of the New York Stock Exchange than any place else in the world." [6] Ney argued in his books that stock prices were manipulated and controlled by the specialists who work on the floor of the stock exchange." Wikipedia.

He wrote three books critical of Wall Street. He was an actor of some note and a broker. Married to Greer Garson briefly.
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Monksdream

06/22/17 9:02 PM

#122371 RE: integral #122361

Richard Ney was quite the iconoclast. And just plain funny. It was from Ney l came across the the word "flapdoodle" for the first time.