The Wall Street Scandal
Who lost the most money on Black Monday? This morning, all eyes focused on Bonds & Trage and its larger-than-life founder, the infamous and tyrannical Jon K. Bonds. Starting in the trading pits some 30 years ago, Bonds built his small firm into a financial services giant. A master deal-maker and confidant of New York money and power, Bonds has sometimes been unscrupulous in his determination to undermine his rivals, particularly competitor Churnham & Burnham. Confidential sources inside the company indicate that Bonds may soon step down from his position. His age, 56, is not believed to be the primary factor. The U.S. Attorney General's office is reportedly investigating Bond's possible involvement in stock manipulation and conspiracy schemes. If Bonds does leave the company, his successor will face the difficult task of guiding both the battered firm and the wealthy Argonaut Fund through the Black Monday disaster.
Read more about this topic: How To Host A Murder
Famous quotes containing the words wall, street and/or scandal:
“Once more unto the breach, dear friends, once more,
Or close the wall up with our English dead.
In peace there’s nothing so becomes a man
As modest stillness and humility,
But when the blast of war blows in our ears,
Then imitate the action of the tiger.
Stiffen the sinews, conjure up the blood,
Disguise fair nature with hard-favoured rage.”
—William Shakespeare (1564–1616)
“I mount the steps and ring the bell, turning
Wearily, as one would turn to nod good-bye to Rochefoucauld,
If the street were time and he at the end of the street,
And I say, “Cousin Harriet, here is the Boston Evening Transcript.””
—T.S. (Thomas Stearns)
“Certain it is that scandal is good brisk talk, whereas praise of one’s neighbour is by no means lively hearing. An acquaintance grilled, scored, devilled, and served with mustard and cayenne pepper excites the appetite; whereas a slice of cold friend with currant jelly is but a sickly, unrelishing meat.”
—William Makepeace Thackeray (1811–1863)