Don't get me started on the subject of investment message boards. These online financial hootenannies are dangerous at best, and at worst the investment version of poisoned Kool-Aid . . . the most active message boards generally turn into giant cheerleading sessions that have little tolerance for anybody who dares to suggest that a company might be facing trouble.
Herb Greenberg in The Danger Lurking In Investor Message Boards from Fortune (11/23/98)The words "Wall Street" are full of ambiguity--representing the very best and the very worst of society. The New York Stock Exchange--the bastion of capitalism--is for me a very positive image. I found the applause for Gordon Gekko's speech--in which greed is hailed as good--as counter to the ideas of capitalism. I never thought capitalism was based on greed. I thought it was based on trying to provide innovative products to society for the good of society.
John Bogle, Source: Worth (11/98)Any country that can succeed in pushing the stock market over 8000 on Wall Street can find a way to expand the winners circle to include every American on Main Street. The great success of the 1990s will be exponential growth of new, middle-income investors on Wall Street; it's our job in the 21st century to guarantee all Americans a stake in the new economy.
Senator John Kerry, Source: Worth (11/98)
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