Story with a Moral
In 1923, Who Was:1. President of the largest steel company?2. President of the largest gas company?3. President of the New York Stock Exchange?4. Greatest wheat speculator?5. President of the Bank of International Settlement?6. Great Bear of Wall Street? These menwere consideredsome of the worlds most successfulof their days. Now,80 years later,the history book asks us,if we knowwhat ultimately became of them.
The Answers:1. The president of the largest steel company.Charles Schwab,died a pauper.2. The president of the largest gas company,Edward Hopson,went insane.3. The president of the NYSE,Richard Whitney,was released from prisonto die at home.4. The greatest wheat speculator,Arthur Cooger,died abroad, penniless.5. The presidentofthe Bank of International Settlement,shot himself.6. The Great Bear of Wall Street,Cosabee Livermore,also committed suicide. However:in that same year,1923,the PGA Championandthe winner ofthemost important golf tournament,the US Open,wasGene Sarazen.What became of him?He played golf until he was 92,died in 1999 at the age of 95.He was financially secureat the time of his death.The Moral:Screw work.Play golf.
Monday, January 16, 2006
Thought you might be interested in this forgotten bit ofinformation.......... It was 1987! At a lecture the other day they were playing an old newsvideo of Lt.Col. Oliver North testifying at the Iran-Contra hearings during theReagan Administration. There was Ollie in front of God and country getting the third degree, butwhat he said was stunning! He was being drilled by a senator; "Did you not recently spend close to$60,000 for a home security system?" Ollie replied, "Yes, I did, Sir." The senator continued, trying to get a laugh out of the audience, "Isn'tthat just a little excessive?" "No, sir," continued Ollie. "No? And why not?" the senator asked. "Because the lives of my family and I were threatened, sir." "Threatened? By whom?" the senator questioned. "By a terrorist, sir" Ollie answered "Terrorist? What terrorist could possibly scare you that much?" "His name is Osama bin Laden, sir" Ollie replied. At this point the senator tried to repeat the name, but couldn'tpronounce it, which most people back then probably couldn't. A couple of peoplelaughed at the attempt. Then the senator continued Why are you so afraid ofthis man?" the senator asked. "Because, sir, he is the most evil person alive that I know of", Ollie answered. "And what do you recommend we do about him?" asked the senator. "Well, sir, if it was up to me, I would recommend that an assassin teambe formed to eliminate him and his men from the face of the earth." The senator disagreed with this approach, and that was all that was shownof the clip. By the way, that senator was Al Gore! Also: Terrorist pilot Mohammad Atta blew up a bus in Israel in 1986. TheIsraelis captured, tried and imprisoned him. As part of the Oslo agreement withthe Palestinians in 1993, Israel had to agree to release so-called "politicalprisoners." However, the Israelis would not release any with blood on their hands,The American President at the time, Bill Clinton, and his Secretary of State,Warren Christopher, "insisted" that all prisoners be released. &nb! sp; Thus Mohammad Atta was freed and eventually thanked the US by flying anairplane into Tower One of the World Trade Center. This was reported by many ofthe American TV networks at the time that the terrorists were first identified. It was censored in the US from all later reports. If you agree that the American public should be made aware of this fact,pass this on.
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