Notes for trust officers, private bankers and others concerned with estate and trust planning, from a Merrill Anderson Senior Editor and his retired mentor.
Good joke, by Davos standards. Wish it didn't appear right before the following in Friedman's column:
". . . we’re going to have to get used to a loss of trust. All those rock-solid people and institutions that we trusted with our money, our pensions and our kids’ piggybank savings — like Citigroup, Merrill Lynch, Bank of America — do not seem trustworthy anymore. Never before in my adult life have I looked around at every bank in my town and said, 'I’m not sure I wouldn’t prefer to put my paycheck in a mattress.'"
2 comments:
Good joke, by Davos standards. Wish it didn't appear right before the following in Friedman's column:
". . . we’re going to have to get used to a loss of trust. All those rock-solid people and institutions that we trusted with our money, our pensions and our kids’ piggybank savings — like Citigroup, Merrill Lynch, Bank of America — do not seem trustworthy anymore. Never before in my adult life have I looked around at every bank in my town and said, 'I’m not sure I wouldn’t prefer to put my paycheck in a mattress.'"
Iceland is under attack !!!
REYKJAVIK CAPITAL-CITY
See the actual video.
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