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Politics : Formerly About Advanced Micro Devices

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Mick Mørmøny
To: Broken_Clock who wrote (1096619)10/31/2018 4:10:52 PM
From: bruwin1 Recommendation  Read Replies (1) of 1577098
 
One of the Most Famous banking families was the Rothschilds ....

The father, Mayer, taught his five sons the "Banking Business". When they "graduated" from his care he sent one each to Frankfurt, Paris, Naples, Vienna and London.

The brothers set up a very fast Communication system between themselves, because when you knew something before your competitors, or the stock market traders, you could make a "killing".

And that's exactly what Nathan Rothschild did from his base in London. He had his spot in front of a pillar in the London Stock Exchange and most traders on the floor used to carefully watch what Nathan bought and sold.

At that time there was a battle going on between Wellington and Napoleon at Waterloo. As a result of the "Rothschild's Communication Service", Nathan got to hear that Wellington was winning. So instead of buying "British Government Bonds" he started selling them as fast as he could. Needless to say, the rest of the Exchange took that to mean that Napoleon was going to win the battle, so everyone started to offload bonds ... Nathan waited until the right moment and then bought all he could at a "bargain basement" price and made a fortune once the news of Wellington's victory finally reached England .... Smart Guy .....
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