"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."
Ron Chernow"I have developed a very strong partiality for the dead: they don't talk back, they don't sue, and they don't have angry relatives."
Ron Chernow"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."
Ron Chernow