Description of Wall St, circa 1870

Long, short, Bitcoin, forex - Plenty of alternate market disuccsion.
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Iron
Posts: 6793
Joined: Fri Dec 11, 2009 10:51 pm

From http://www.ritholtz.com/blog/2011/02/te ... on-change/:

'To the outside observer and novice it is a kind of work-shop thronged by cunning artisans who work in precious metals, where vessels of gold and silver are wrought or made to shine with fresh luster, and where old china is fire-gilt as good as new.

The moralist and philosopher look upon it as a gambling-den, a cage of unclean birds, an abomination where men drive a horrible trade, fattening and battening on the substance of their friends and neighbors—or perhaps a kind of modern coliseum where gladiatorial combats are joined, and bulls, bears and other ferocious beasts gore and tear each other for public amusement.'

Isn't it great that things have moved on since then? :lol:

Jeff
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