Quotable J.P. Morgan

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When asked what the stock market will do, J.P Morgan (1837-1913), the banker, financier, businessman replied:

"It will fluctuate!"

Credit Crunch

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Resolving to surprise her husband, an INVESTMENT BANKER's wife pops by his office. She finds him in an unorthodox position, with his secretary sitting in his lap.

Without hesitation, he starts dictating, "...and in conclusion, gentlemen, credit crunch or no credit crunch, I cannot continue to operate this office with just one chair!"

A Turnaround

Courtesy: Google Images

There was a tremendous turnaround in the market today. A stockbroker who jumped out of a window on the twelfth floor, saw a computer screen on the seventh floor and did a U-turn.