1988: A year after the Crash of 1987, one of Wall Street's pre-eminent investment bankers, Felix Rohatyn of Lazard Freres, writes in a guest column in Time magazine: With the trade deficit still high inflation on the rise no resolution to Third World debt problems and no decisive action on the federal budget deficit we could see another steep decline of the dollar a spurt in interest rates a break in bond prices and a new plunge in the stock market." Over the coming years the dollar rises interest rates fall bond prices go up and stocks quintuple."

Time, October 17, 1988, p. 49.

1929: Radio Corporation of America is formed by General Electric Co. lawyer Owen D. Young to control the wireless" patents of GE AT&T and Westinghouse and to outflank the companies founded by Guglielmo Marconi. By 1929 it is the greatest growth stock in America peaking at just under $575 a share; but by the end of that year it will lose 77% of its value."

Barrie A. Wigmore, The Crash and Its Aftermath: A History of Securities Markets in the United States, 1929-1933 (Greenwood Press, Westport, Ct., 1985), pp. 84-86