SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Waiting for the big Kahuna

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Haim R. Branisteanu who wrote (10171)11/22/1997 11:16:00 AM
From: Teddy  Read Replies (1) of 94695
 
NYSE ADMITS: THIS IS ALL MAKE BELIEVE

NEW YORK--New York Stock Exchange
officials released a statement Monday
admitting that the exchange, one of the
primary means by which the nation's economic
health is measured, is in reality a made-up and
largely random mishmash of numbers and
meaningless statistics. "The whole 'stock
exchange' idea came about around the turn of
the century at the request of publisher William
Randolph Hearst, who was looking for
something to fill the back half of his New York
Journal," NYSE's Ian Silver said. "So a man
named Henry Tillman came up with the idea of
a 'stock-ticker' device, which spewed out
reams of bogus numbers for Hearst to reprint."
NYSE has no plans to disband.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext