All of this is George W. Bush’s fault. I’m looking forward to 2013 when the time comes we can stop blaming poor George for everything.
After 9/11, who in their right mind would store important things in NYC?
Water Street, as Alanis said: isn’t it ironic, don’t you think?
36.5 trillion in paper left in an underground vault in the path of a super storm. What could possibly go wrong? Think anybody will get fired, or just promoted?
UnderWaterStreet
Where do I go to get my IPO shares of Microsoft reissued?
If they’re printed with decent paper & ink they can be restored.
If trillions in fiat currency vanished.....
... might that help the economy in some way?
LOL
sorry just thinking aloud
Maybe Sandy Burglar was there first. He’s been handy before.
So if I hold stock in book form at the brokerage house then the certificate is stored in the vaults of this firm?
. . . at 55 Water Street “sustained significant water damage”
You know, my old aunt used to say the most outrageous things. Ticked off so many people. I would visit her when my siblings would say you go see her on your own time.
She was born in 1908, was married to a guy who owned a seat on the stock exchange.
She read the business section.
Used to say there was something “radically wrong” with the traders today (she died jyust a few years ago), that they wee out for themselves and she couldn’t talk to them at a party - too uneducated, knew only numbers and nothing about life and they were corrupt.
she would say, “New York City is in for a very bad Hurrycaine; one that hadn’t happened yet, that it would be very destructive to NYC.
This one hit about 100 mi south. It WAS husge, though. They say the size of Europe.
She would not have stored her important papers there.