IV (10) page 154

[alice wellintown]

The adianoeta on Go-Go:

John Brooks (1920–1993) was a writer and longtime contributor to The
New Yorker magazine, where he worked for many years as a staff writer,
specializing in financial topics. Brooks was also the author of
several books, both fiction and non-fiction, the best known of which
was an examination of the financial shenanigans of the 1960s Wall
Street bull market.

Brooks was the author of three novels, one – The Big Wheel, published
in 1949 – describing a newsmagazine much like TIME. He also published
ten non-fiction books on business and finance, the subject in which he
specialized for The New Yorker. Brooks's best-known books were "Once
in Golconda: A True Drama of Wall Street, 1920–1938," about the
scandal surrounding Wall Street banker Richard Whitney; The Go-Go
Years, on the speculative bubble of Wall Street in the 1960s; and The
Takeover Game about the merger mania of the 1980s.

An out-of-town guest was given a tour in New York. The guide pointed
out the beautiful yachts in the harbor and said "Look, those are the
bankers' and brokers' yachts." The guest asked "Where are the
customers' yachts?"

see Where Are the Customers' Yachts: or A Good Hard Look at Wall Street
by Fred Schwed


see Gerlad Tsai