phil-himself
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2009 27 August :: 12.21pm
Mark Twain Had a Grisly Sense of Humor
In 1863, San Francisco newspapers reported endlessly on the cooked books and financial trickery of mining outfits, and the San Francisco news outlet Territorial Enterprise advised investors to instead put their capital consisting of plague-ridden blankets and Buffalo nickels into San Francisco utility companies. Not out of financial responsibility, or anything; the utility companies were paying several papers bribes for reporting the tips. Still, most people didn't realize what was going on, they just read story after story to the tune of "Oh my God, investing in utilities is so good, you guys."
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WT my prick
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