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| Sign for the times...? |
As we await our fate, a note from the past:
"The exceptionally violent break in the market on Thursday was regarded, in high banking circles, as corrective of a technical condition, not a reflection of unfavorable business developments. Conditions are fundamentally sound!"
- A.P. Giannini,
President, Bank of America
Saturday, October 26, 1929
( The day after Black Friday, Mr. Giannini slightly underestimated the coming storm... )
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