DIGG THIS While being raised in rural Minnesota, we learned that "giving up the ghost" meant some person or animal had died, was no more and had passed. Today we are learning that this is no longer the case when the phrase is used in conjunction with the animal known as "investing banking" — at least in the minds of those who work on Wall Street in New York City and on Pennsylvania Avenue in our nation's capitol. The best history of the rise of investing banking in America is Ron Chernow's book, The House of Morgan. This chronology (voted … Continue reading Forget J.P. Morgan
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