Ian Carroll

After the assassination of Kennedy and shifts in Densers worldview and priorities, he came home and moved into the banking sector, intent on changing things here in America. And he had some noteworthy and powerful friends like Eugene Black and Governor Nelson Rockefeller, who appointed Denser in 1970 to succeed him as the New York State Superintendent of Banks.

After the assassination of Kennedy and shifts in Densers worldview and priorities, he came home and moved into the banking sector, intent on changing things here in America. And he had some noteworthy and powerful friends like Eugene Black and Governor Nelson Rockefeller, who appointed Denser in 1970 to succeed him as the New York State Superintendent of Banks.

In this role, he became New York's chief regulator of banking and financial markets. That's a position that the banks and financial institutions have always cultivated a cozy relationship with, for obvious reasons, even though technically he is the cop that's supposed to be keeping them in line. And during this time, the financial system was in turmoil.

In this role, he became New York's chief regulator of banking and financial markets. That's a position that the banks and financial institutions have always cultivated a cozy relationship with, for obvious reasons, even though technically he is the cop that's supposed to be keeping them in line. And during this time, the financial system was in turmoil.

In this role, he became New York's chief regulator of banking and financial markets. That's a position that the banks and financial institutions have always cultivated a cozy relationship with, for obvious reasons, even though technically he is the cop that's supposed to be keeping them in line. And during this time, the financial system was in turmoil.

This is a quote from an article about that time in history in the financial system. In the days before computerized trading and a centralized electronic stock delivery system, the street depended on messengers tasked with trudging up and down Wall Street to deliver paper stock certificates by hand. By 1968, daily trading volume hit 12 million shares a day.

This is a quote from an article about that time in history in the financial system. In the days before computerized trading and a centralized electronic stock delivery system, the street depended on messengers tasked with trudging up and down Wall Street to deliver paper stock certificates by hand. By 1968, daily trading volume hit 12 million shares a day.

This is a quote from an article about that time in history in the financial system. In the days before computerized trading and a centralized electronic stock delivery system, the street depended on messengers tasked with trudging up and down Wall Street to deliver paper stock certificates by hand. By 1968, daily trading volume hit 12 million shares a day.

The sheer mass of stock certificates and other paperwork overwhelmed many Wall Street back offices, the groups working behind the scenes to settle and clear trades. Das ist ein Bild eines Jungs, der literally Stockslippen auf dem Flur des Stockes auf dem Flur des Stockes auf dem Flur des Stockes auf dem Flur des Stockes

The sheer mass of stock certificates and other paperwork overwhelmed many Wall Street back offices, the groups working behind the scenes to settle and clear trades. Das ist ein Bild eines Jungs, der literally Stockslippen auf dem Flur des Stockes auf dem Flur des Stockes auf dem Flur des Stockes auf dem Flur des Stockes

The sheer mass of stock certificates and other paperwork overwhelmed many Wall Street back offices, the groups working behind the scenes to settle and clear trades. Das ist ein Bild eines Jungs, der literally Stockslippen auf dem Flur des Stockes auf dem Flur des Stockes auf dem Flur des Stockes auf dem Flur des Stockes

And those fails to deliver that it mentions in that article, those became a feature of the market, not a bug, because it is extremely convenient to the financial institutions that run the markets to be able to say, whoopsies, we failed to deliver that stock that you bought. But don't worry, we'll be sure to get it to you someday.

And those fails to deliver that it mentions in that article, those became a feature of the market, not a bug, because it is extremely convenient to the financial institutions that run the markets to be able to say, whoopsies, we failed to deliver that stock that you bought. But don't worry, we'll be sure to get it to you someday.

And those fails to deliver that it mentions in that article, those became a feature of the market, not a bug, because it is extremely convenient to the financial institutions that run the markets to be able to say, whoopsies, we failed to deliver that stock that you bought. But don't worry, we'll be sure to get it to you someday.

This would be a key principle leading up to and enduring ever since the 2021 GameStop squeeze. But anyways, the market was growing rapidly and the volume of trading was getting so out of control that they established a committee called BASIC to study the problem and issue a solution.

This would be a key principle leading up to and enduring ever since the 2021 GameStop squeeze. But anyways, the market was growing rapidly and the volume of trading was getting so out of control that they established a committee called BASIC to study the problem and issue a solution.

This would be a key principle leading up to and enduring ever since the 2021 GameStop squeeze. But anyways, the market was growing rapidly and the volume of trading was getting so out of control that they established a committee called BASIC to study the problem and issue a solution.

The solution that they came up with was to enter all the stocks into a computerized system and rather than trading the real stocks, you would leave all the real stocks in one place and just trade around digital notes that said you owned them.

The solution that they came up with was to enter all the stocks into a computerized system and rather than trading the real stocks, you would leave all the real stocks in one place and just trade around digital notes that said you owned them.

The solution that they came up with was to enter all the stocks into a computerized system and rather than trading the real stocks, you would leave all the real stocks in one place and just trade around digital notes that said you owned them.