In the 1920s as the markets were going up up up, a New Yorker was showing an out of towner the famous J Boats (130 feet) lined up at the dock in the New York harbor.  The story goes, that one belongs to Mr. Morgan and that one to Mr. Hutton…..after this lenghty recital of who owned which boat the out of towner innocently asked, yes but where are the customers’ yachts?’  The irony of course is that if the owners got rich why not the clients?

Indeed, and so nothing changes on Wall Street as MER begins looking for a new CEO> 

O’Neal will leave with a generaous compensation package.   HE was allowed to retire rather than be fired so he keeps, well click and read what he keeps. 

Indeed, where are the customers’ yachts?  For some reason I can’t copy the URL but go to
http://www.amazon.com and put in where are the customers yachts for the review…

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