"The securities laws of the 1930s were so important because it forced companies to file registration statements and issue prospectuses, and it remedied the imbalance of information."

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In my father's time - he was in college during many transitions in the late 1930s - they had great institutional loyalties... to his college, eventually the navy, the Democratic Party and certain ideals of our country. Those are the things that became broken with my generation.

— Whit Stillman