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— Dennis Bakke"What is the chief end of giving? To glorify God and enjoy Him forever."
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The chief source of man's inhumanity to man seems to be the tribal limits of his sense of obligation to other men.
— Reinhold Niebuhr
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Nothing did more to spur the boom in stocks than the decision made by the New York Federal Reserve bank, in the spring of 1927, to cut the rediscount rate. Benjamin Strong, Governor of the bank, was chief advocate of this unwise measure, which was taken largely at the behest of Montagu Norman of the Bank of England....At the time of the Banks action I warned of its consequences....I felt that sooner or later the market had to break.
— Bernard Baruch
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