“What caused that? Firms ceasing to be partnerships is the beginning of it. A Wall Street firm that is investing its own money, the people inside it, it’s their money that’s at stake, are going to behave very differently from people who are a public corporation who are using shareholders’ money.” “No partnership would have…
Tag archives for history
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“History doesn’t repeat itself, but it does rhyme.” – Mark Twain One of the great triumphs of man is when he first discovered the invention of writing. It’s probably one of the most underrated inventions that is taken for granted by the majority of people. Not only because it’s used on a daily basis by…