So the thesis is that every financial institution goes belly up... Replaced by Starbucks....Starbucks Bank and Trust. CocaCola first Financial? Taken over by Foreign banks? I guess at one point... We liquidate them and the government takes them over.
Financial history doesn't repeat itself, but it often rhymes. You can't be stupid enough to trade off anything I say.... I'm lucky they let me out of the straight-jacket long enough to trade.
J. P. Morgan
Monday, July 14, 2008
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