“It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning.”
— Henry Ford, founder of Ford Motor Company . Ford was a prominent businessman during the 1929 run on the markets. Today, few people can say they truly understand what’s going on. Even the titans of Wall Street — the few still standing, that is — are spinning in confusion amidst the market turmoil. See Pattie’s post on Morgan Stanley CEO John Mack today.
