Friday August 20th 2010

Thought for the Day

“Even when we know what is right,
too often we fail to act.”

~ Bernard M. Baruch

Bernard M. Baruch*Bernard Mannes Baruch

Born: August 19, 1870 Camden, South Carolina
Died: June 20, 1965 (aged 94) New York City, New York

an American financier, stock-market speculator, statesman, and political consultant. After his success in business, he devoted his time toward advising U.S. Presidents Woodrow Wilson and Franklin D. Roosevelt on economic matters.

Baruch was instrumental in starting the Council on Foreign Relations along with the Rockefellers, Morgans, and Warburgs. Before World War I, it was said that “Barney” Baruch was worth a million dollars or more. After World War I was over, it was alleged that he was worth about two hundred million dollars, a suitable figure for a Titan.

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