#brokerage

In the 1970s we saw a massive shift of household savings from the banks to the brokerage firms. ↗

— Ron Chernow

#brokerage #firms #household #massive #savings

The CIA is made up of boys whose families sent them to Princeton but wouldn't let them into the family brokerage business. ↗

— Lyndon B. Johnson

#business #cia #families #family #into

Once the brokerage house, rather than the bank, became the locus for American savings, that money would find its way into the stock market, because the broker was someone with a much higher tolerance for risk than the banker. ↗

— Ron Chernow

#bank #banker #became #because #broker

Advertising is a racket, like the movies and the brokerage business. You cannot be honest without admitting that its constructive contribution to humanity is exactly minus zero. ↗

— F. Scott Fitzgerald

#advertising #brokerage #business #cannot #constructive