Men of conservative temperament have long suspected that one thing leads to another. - John Kenneth Galbraith

The sense of responsibility in the financial community for the community as a whole is not small. It is nearly nil.

Ideas are inherently conservative. They yield not to the attack of other ideas but to the massive onslaught of circumstance with which they cannot contend.

In the early days of the crash it was widely believed that Jesse L. Livermore, a Bostonian with a large and unquestionably exaggerated reputation for bear operations, leading asyndicate that was driving the market down.