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"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."
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"I strongly support tax relief for the middle class."
"In the 1970s we saw a massive shift of household savings from the banks to the brokerage firms."
"I wanted to make Jerusalem as feature film. But we couldn't finance it only through theatrical release, we couldn't get all the money we needed. We had to get some money from television. So we said, ok, let's do it both ways. So we did it in four parts."
"But so much of being an actor isn't so great - the auditioning, the rejection, the financial insecurity."
"I've been a financial journalist for 30 years."
"So, for example, a country was into recession right after I was sworn in, a dot-com bust had taken place. Then the attacks of September the 11th, and then of course the great financial meltdown in the -the fundamental question facing any presidency is how do you deal with the hand you're dealt?"
"But wishing our Kansas soldiers 'God speed' is not enough. We need to comfort, care for, and protect their families. And we should ease the financial burdens that these families often face."
Explore more quotes by Ron Chernow
"The mutual fund industry and small investors are very relentless and very unforgiving if people don't perform."
"In the 1970s we saw a massive shift of household savings from the banks to the brokerage firms."
"The public has lost faith in the ability of Social Security and Medicare to provide for old age. They've lost faith in the banking system and in conventional medical insurance."
"By the late 1980s people realized that houses did not always appreciate and that they could fluctuate like any other market commodity."
"Stock market corrections, although painful at the time, are actually a very healthy part of the whole mechanism, because there are always speculative excesses that develop, particularly during the long bull market."
"Hamilton had one of those extraordinary 18th-century minds that touched on virtually every major topic of the day."
"A lot of the money in the stock market is really our national retirement plan, for better or worse."
"We really haven't had very much experience with people funding their retirement out of the stock market, and we don't know, frankly, how it would work under every scenario."
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