One hand -- other hand -- I believe is quite realistic.
The mortgage market was going along, swimmingly. You are talking about a 150 year old bank with, probably thousands of employees, And they don't work in the same building.
An anecdote about the crash of '29 and the beginning of the Great Depression. Everybody was either in the market or going to be in the market. Groucho Marx had money in it or was about to. Then he had second thoughts.
(Paraphrasing) My shoeshine guy is giving me stock tips. What source of information does he have that everyone else doesn't.
Groucho pulled his money out -- or didn't invest -- or whatever.
Then there was the time I had inside information. My M-i-L was executive secretary to the president of a small company in Fairfield, N,J. The company was growing and she was getting regular raises. Not Mercedes type raises but enough to buy a good Chevy Bel -Aire.
I told a few friends about the stock. None of them had money to invest so they didn't get in on the gravy train. The more fool, them.
The company was International Controls and the president was Robert Vesco.
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