Quote from: Money Topic

Once the brokerage house, rather than the bank, became the locus for American savings, that money would find its way into the stock market, because the broker was someone with a much higher tolerance for risk than the banker.


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Author Bio


  • NameRon Chernow
  • DescriptionAmerican writer, journalist, historian, and biographer
  • AliasesChernow; Titan: The Life of John D. Rockefeller
  • BornMarch 3, 1949
  • CountryUnited States Of America
  • ProfessionWriter; Historian; Journalist
  • WorksThe House Of Morgan; Washington: A Life
  • AwardsPulitzer Prize For Biography Or Autobiography; National Book Award